# China central bank chief says will keep monetary policy flexible

> China's central bank governor said monetary policy will stay flexible. Analysts noted that a yuan recovery after the trade deal could give policymakers room for further easing.

- Date: 2018-12-04 · published 2018-12-04T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/6919-china-central-bank-chief-says-will-keep-monetary-policy-flexible
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Looser Chinese monetary policy supports domestic demand for feed and meat, but the effect on feed commodity prices is indirect and modest.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-03-11 | [Central bank: Monetary policy has wiggle room](https://feedsoft.ai/events/60336-central-bank-monetary-policy-has-wiggle-room.md) | -0.1% | -0.0% |
| USDCNY | 2024-07-09 | [China’s central bank is stuck in a policy dilemma](https://feedsoft.ai/events/12299-china-s-central-bank-is-stuck-in-a-policy-dilemma.md) | -0.1% | -1.9% |
| USDCNY | 2023-06-29 | [Policy measures China's central bank could use to stem yuan weakness](https://feedsoft.ai/events/35711-policy-measures-china-s-central-bank-could-use-to-stem-yuan-weakness.md) | +0.1% | -1.0% |
| USDCNY | 2018-08-24 | [China central bank adjusts yuan fix factors to keep FX market stable \| Reuters](https://feedsoft.ai/events/63740-china-central-bank-adjusts-yuan-fix-factors-to-keep-fx-market-stable-reuters.md) | -0.5% | -0.3% |
| USDCNY | 2018-03-27 | [China’s Central Bank Sends Yuan Surging](https://feedsoft.ai/events/66212-china-s-central-bank-sends-yuan-surging.md) | +0.2% | +0.8% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-cenbank/china-central-bank-chief-says-will-keep-monetary-policy-flexible-idUSKBN1O3037/?il=0

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.