The financial data in February was less than expected, and experts said it was necessary to reduce the reserve requirement and interest rate
The people's Bank of China released financial data in February. After the rapid growth of financial data in January, some data in February fell or were lower than expected. Wen bin, chief researcher of Minsheng Bank, said that fiscal policy should further optimize the expenditure structure, increase expenditure, and give play to the supporting role of stable investment in stable growth as soon as possible. Monetary policy should give full play to the dual functions of aggregate policy and structure, find the right time, it is still necessary and space to reduce reserve requirements and interest rates, strengthen efforts to boost demand and promote economic operation within a reasonable range.
This text is a result of machine translation.
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