央行货币政策委员会第三季度例会释放哪些政策信号？

Core Viewpoint - The People's Bank of China (PBOC) emphasizes the need for a moderately loose monetary policy, enhancing counter-cyclical adjustments to promote stable economic growth and maintain reasonable price levels [1][2]. Monetary Policy Implementation - The recent meeting highlighted the importance of executing various monetary policy measures effectively to fully release their effects, indicating a sustained focus on the implementation and effectiveness of previously introduced policies [3]. - The PBOC aims to maintain a flexible approach to policy implementation based on domestic and international economic conditions, emphasizing the need for forward-looking, targeted, and effective measures [3]. Support for Specific Sectors - The meeting introduced new support directions, including increased assistance for small and micro enterprises and stabilizing foreign trade, alongside previously mentioned support for technological innovation and consumption [3]. - To better support small and micro enterprises, the PBOC suggests addressing financing bottlenecks and encouraging financial institutions to enhance support for first loans, renewals, and credit loans [3]. - For stabilizing foreign trade, the PBOC plans to strengthen policy support to meet the financing needs of foreign trade enterprises and optimize cross-border payment and exchange rate hedging services [3].