Market experts: The coordination of long-term and short-term goals of monetary policy is reflected in policy objectives such as currency stability and economic growth

On June 19th, according to the Jinshi data, on June 19th, Pan Gongsheng, the President of the Central Bank, elaborated on the monetary policy position at the 2024 Lujiazui Forum. How are the short-term and long-term goals anchored? Pan Gongsheng stated that a prudent monetary policy will take maintaining price stability and promoting moderate price rise as important considerations. In this regard, market experts believe that the coordination of short-term and long-term goals will still reflect policy objectives such as currency stability and economic growth. Regarding balancing stable growth and preventing risks, industry insiders said that the Central Bank insists on implementing a prudent monetary policy, emphasizing the grasp of strength and pace, which is a decision made after comprehensive consideration of stable growth and risk prevention.