- PBOC launched daily overnight reverse repurchase operations on Monday under a revamped liquidity framework that makes the short-term tool its primary policy anchor.
- PBOC, the National Financial Regulatory Administration and the CSRC are expected to meet major banks on Monday on measures to bolster the stock market after an October sell-off, according to mainland media reports.
Quotes
“kicking off a revamped liquidity framework that establishes the short-term tool as its primary policy anchor”