Central Economic Work Conference: Implement a moderately loose monetary policy and timely reduce the reserve requirement ratio and interest rates

ChainCatcher news, according to Jinshi reports, according to CCTV News, the Central Economic Work Conference was held in Beijing from December 11 to 12.

The meeting pointed out that a moderately loose monetary policy should be implemented, with timely reserve requirement ratio cuts and interest rate reductions, to maintain ample liquidity, ensuring that the scale of social financing and the growth of money supply align with the economic growth and overall price level expectations. Explore and expand the macro-prudential and financial stability functions of the central bank. A policy mix should be effectively utilized, strengthening the coordination and cooperation of fiscal, monetary, employment, industrial, regional, trade, environmental, and regulatory policies and reform measures, improving the effective communication and feedback mechanism among departments, and unifying economic and non-economic policies into a consistent macro policy orientation assessment to enhance the overall effectiveness of policies.