In word and deed, China is easing economic policy
Both the central bank’s actions and the Politburo’s words point to modest easing
BEN BERNANKE, the former chairman of America’s Federal Reserve, entitled his memoir “The Courage To Act”. But a lot of what central bankers do these days is talk. They talk about what they are doing, will do and might do. In central banking, words can speak louder than actions.
This article appeared in the Finance & economics section of the print edition under the headline “Is China easing?”
Finance & economics December 11th 2021
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