PBOC: Limited inflation constraint, easing likely – ING

ING expects Chinese inflation dynamics to have limited impact on People’s Bank of China policy in 2026. Lynn Song argues that CPI will again undershoot an expected 2% target, but this shortfall should not constrain monetary decisions.

PBOC: Limited inflation constraint, easing likely – ING
ING expects Chinese inflation dynamics to have limited impact on People’s Bank of China policy in 2026. Lynn Song argues that CPI will again undershoot an expected 2% target, but this shortfall should not constrain monetary decisions.

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