People's Bank of China (PBoC) news

The People's Bank of China (PBoC) is the central bank of the People's Republic of China. It is responsible for monetary policy and financial regulation in China. The PBoC's primary functions include maintaining currency stability and promoting economic growth, utilizing various tools to manage the money supply and credit conditions.

China’s economy is losing momentum - weak domestic demand and the property crisis

China’s economy lost momentum at the start of the second half of 2026 as weak consumption, falling investment and a deepening property crisis outweighed the support from strong exports.

17-08-2026 09:31 GMT by Krzysztof Kamiński

Canadian dollar slips to 2-month low as BoC maintains rates

The Bank of Canada held the benchmark rate at 2.75% today, as widely expected. The BoC statement expressed concern about the "unpredictable" US trade policy. The Fed meets tonite and is virtually certain to hold rates.

30-07-2025 14:50 GMT by Kenneth Fisher