Reading PBOC signals takes 'mosaic approach': Goldman Sachs

Beijing

CHINA'S central bank could adjust monetary policy again in the coming months, in response to changes in the economy or the shifting agendas of top political leaders following the 19th Party Congress, according to Goldman Sachs Group Inc.

For hints on how monetary policy will evolve, investors should piece together a range of abstract and irregular signals ranging from interbank rates to quarterly reports, MK Tang, senior China economist at Goldman in Hong Kong, wrote in a note.