PBoC: Will maintain prudent and neutral monetary policy

Below are some key takeaways from the recently published PBoC statement with key quotes, via Reuters, found below.

• Will maintain prudent and neutral monetary policy.
• Will improve on deleveraging work.
• Will fend off systemic financial risks.
• Will deepen market-based interest rate reform.
• Trade frictions, geopolitics, normalization of monetary policies in major economies increased uncertainties in global econ. & financial markets.
• Will comprehensively use multiple monetary policy tools to maintain ample liquidity in the banking system.