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PBoC stays the course with Q4 Monetary Policy Report

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China’s central bank (PBoC) is promising to stay the course in 2026. That’s our key takeaway from the Q4 2025 Monetary Policy Report that the PBoC dropped on February 10.

Frankly, the report is a bit of a snoozefest.

Case in point: In the Q3 report, the PBoC said it would:

“Implement a moderately...



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