PBOC vows to use multiple policy tools, prioritizing stability in complex, uncertain environment – Q1 monetary policy report

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China's central bank vowed to use multiple monetary policy tools to keep its economic operations within a reasonable range and maintain reasonable and ample liquidity to shore up the slowing economy.

The People's Bank of China (PBOC) pledged to step up policy support to bolster growth, employment and price stability, according to its quarterly report on monetary policy implementation.

"Recently, the COVID-19 and the Ukraine crisis have led to increased risks and challenges, and the complexity, severity . . .