{"id":278051,"date":"2025-11-12T08:30:08","date_gmt":"2025-11-12T08:30:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/278051\/"},"modified":"2025-11-12T08:30:08","modified_gmt":"2025-11-12T08:30:08","slug":"pboc-forces-rethink-of-rate-cut-path-as-goldman-sees-longer-halt","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/278051\/","title":{"rendered":"PBOC Forces Rethink of Rate-Cut Path as Goldman Sees Longer Halt"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Global lenders like Goldman Sachs Group Inc. retracted calls for further monetary stimulus in China this year after the central bank telegraphed more patience in steering an economy still on track to hit growth targets. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The People\u2019s Bank of China <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-11\/pboc-justifies-loan-slowdown-following-record-contraction\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">downplayed<\/a> concerns over a slowdown in new loans and pledged in a Tuesday report to adopt \u201c<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-08-22\/china-plays-the-long-game-in-shift-to-cross-cyclical-strategy\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">cross-cyclical<\/a>\u201d policy adjustments. Appearing for the first time in more than a year in its quarterly statements, that phrase emphasizes a longer-term horizon that looks beyond temporary volatility in economic growth.<\/p>\n","protected":false},"excerpt":{"rendered":"Global lenders like Goldman Sachs Group Inc. retracted calls for further monetary stimulus in China this year after&hellip;\n","protected":false},"author":2,"featured_media":278052,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[111663,45,49,48,95,4492,10081,2445,548,46,6501,9316,100,4990,1689],"class_list":["post-278051","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bank-of-china-ltd-h","tag-business","tag-ca","tag-canada","tag-china","tag-citigroup-inc","tag-consumer-confidence","tag-economic-growth","tag-economics","tag-economy","tag-goldman-sachs-group-inc","tag-interest-rates","tag-markets","tag-monetary-policy","tag-trade-war"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/278051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=278051"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/278051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/278052"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=278051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=278051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=278051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}