China’s Structural Monetary Policy Tools: Objectives, Limitations, Unintended Consequences
Sebastian Guo | 7 November 2022Monetary, Policy Briefs | Tags: Central Banks, China
Central bank interventions have intended and unintended structural effects. A growing number of monetary authorities are acknowledging these structural implications of monetary policy and have started addressing them more actively. In line with this development, the People’s Bank of China (PBC) has introduced a range ... continue reading