F2F Class Notes (Ben) [R]

“The central bank’s expected fine-tuning of its monetary policy in the second half will depend less on changes in fundamentals, reflected by such indicators as CPI and employment

1. The central bank will undergo a fine-tuning of its monetary policy
2. It will happen in the second half (of the year)
3. This change will depend less on changes in fundamentals
4. Fundamentals are reflected by such indicators as CPI and employment.

CPI = consumption-prices index
When the CPI rises, this is called inflation

Monetary policy is always based on the evolution of prices and employment. But this time, it won’t be based on these fundamentals too much.

–

It has shifted its focus to adoption of monetary tools to tackle risk challenges,” said Su Jian, an economist at the Economic Research Institute of Peking University.

monetary tools = credit policies, money creation, interest rate policies, control over the central bank

unemployment rate

–

Su said how China manages risks will hinge on how financial policymakers coordinate their roles during the upcoming Central Financial Work Conference, which is expected to open on Friday and involve discussions of the integration of financial regulatory bodies’ roles.

hinge on = depend on

integration = 一体化

The goal of the conference is to integrate several bodies that regulate finance.

a body = an organisation, an institution
“Foot Heads Arms Body” = Michael Foot is now leading the weapon institutions of the country

stagnation = a situation where things stagnate and never change
Many European countries have stagnating economies, with growth rates of 0.2%.
My English level is stagnating, I’m not making any progress.