The People's Bank of China restructured its quarterly report for the first time in 20 years, hinting at a shift toward an overnight rate policy anchor.

The move advances a shift toward a price-based monetary policy framework

The People's Bank of China restructured its quarterly report for the first time in 20 years, hinting at a shift toward an overnight rate policy anchor.

China's central bank hints at adopting an overnight policy rate, enhancing flexibility and precision in managing market conditions.