中国央行发布2025年第二季度中国货币政策执行报告

Core Insights - The article emphasizes the implementation of a moderately loose monetary policy in the next phase, aligning the policy's intensity and pace with domestic and international economic and financial conditions [1] - It highlights the importance of maintaining ample liquidity to ensure that the growth of social financing and money supply matches economic growth and price level expectations [1] - The article also stresses the need to promote a reasonable recovery of prices as a key consideration in monetary policy [1] Summary by Categories - Monetary Policy - The focus is on executing a moderately loose monetary policy in response to economic conditions [1] - The policy aims to balance the growth of social financing and money supply with economic growth and price expectations [1] - Liquidity Management - Maintaining sufficient liquidity is crucial for creating a conducive financial environment [1] - The article suggests that liquidity should be abundant to support economic activities [1] - Price Stability - Promoting a reasonable recovery of prices is highlighted as an important aspect of monetary policy [1] - The article indicates that price stability will be a significant consideration in future policy decisions [1]