September 24, 2019 / 3:44 AM / a year ago

China governor says in no rush to take big policy easing steps

BEIJING, Sept 24 (Reuters) - China central bank governor Yi Gang said on Tuesday that authorities are in no rush to take big policy easing steps to cope with downward pressure on the economy.

There is still relatively big policy room but it should be “treasured”, said Yi, adding that some people worry that major economies may exhaust monetary policy tools amid talk of negative interest rates.

Reporting by Kevin Yao; Editing by Richard Borsuk

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