Former NBS Head Yao: Room to Cut Interest Rates, RRR, But No Urgency

Yao Jingyuan said the monetary policy is concerned, the present condition CPI for monetary policy to create a good space, RRR or interest rates there is room, you can do, but from the current overall macroeconomic policy, it is not necessary to rush RRR, interest rates, and now the whole community in terms of the number of M2 broad money or a lot, our growth rate is in the normal state, now the state is not monetary policy is not to force, but to intensify efforts to promote solid supply-side reforms.
iFeng: 姚景源:降准或降息有空间 但没必要急于降准、降息

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