PBOC Q4 monetary policy report emphasizes “stable and neutral” stance - GS

Analysts at Goldman Sachs (GS) offer their insights on the PBOC’s Q4 monetary policy report released over the weekend.

Key Quotes:

“PBOC Q4 monetary policy report emphasizes “stable and neutral” stance, underscoring hawkish policy shift”

“The report also sheds a bit more light on the asset size of bank’s off-balance sheet wealth management product exposures.”