PBOC says will support prices to rise moderately
<ul><li>Will pay close attention to the effect of financial policies</li><li>Will strengthen guidance of expectations</li></ul><p>These are just some token remarks. The good news for China is that the latest inflation numbers were no longer negative as seen <a href="https://www.forexlive.com/news/china-august-inflation-cpi-01-yy-vs-expected-02-ppi-30-yy-expected-30-20230909/" target="_blank" rel="follow">here</a>. But then again, it is China data at the end of the day so you have to factor that sentiment into consideration.</p>
This article was written by Justin Low at www.forexlive.com.
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