BEIJING - China's central bank has outlined its monetary and financial priorities for 2025 following a two-day meeting that ended Saturday, emphasizing expanding domestic demand, stabilizing expectations and stimulating vitality to ensure sustained improvement in the Chinese economy.

People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit

China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.

Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.

China's central bank said it was likely it would cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.

The People’s Bank of China (PBoC) is rewriting its playbook, breaking away from decades of rigid, state-controlled monetary policy. In 2025, it’s planning a game-changing interest rate cut from its current 1.

China's central bank said it will cut banks’ reserve requirement ratio and interest rates at “proper time” during a quarterly meeting of its monetary policy committee held last week, according to a statement published on Friday.