The China Securities Journal published an article on the front page pointing out that monetary policy still has a lot to do to consolidate the economic recovery. Experts said that there is more room for monetary policy to increase regulation and control. It is expected that relevant departments will flexibly use tools such as RRR cuts and interest rate cuts according to changes in the economic situation, and at the same time precisely use structural monetary policy tools to increase support for key areas and weak links in the real economy. As the "wide credit" continues to advance, the monetary policy is expected to continue to increase in the next stage. Experts predict that in the third quarter, the central bank may implement another RRR cut to boost aggregate social demand.
(Note: “Wide credit” refers to the effective expansion of credit.)
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