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Interest Rates

Tuesday July 7, 08:49 AM
China Wen, advisers wary of inflation-source

BEIJING, July 7 (Reuters) - Chinese Premier Wen Jiabao and his economic advisers agreed at a recent meeting that Beijing would stick to its moderately easy monetary policy stance in coming months, an informed source told Reuters.

The source, who attended the meeting, said Wen and economists who participated in the talks also agreed to pay more attention to inflation expectations.

'The appropriately relaxed monetary policy stance should not change, but the central bank has to send signals to show that the authorities are paying more attention to inflation expectations,' the source, who asked not to be named, said.

(Reporting by Reuters newsroom; Editing by Alan Wheatley)

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