Although most indicators show that the decline in the real economy had bottomed out in the first half of 2009, consumers were, until the third quarter of 2009, still somewhat pessimistic about the prospects for future performance of the economy and its impact on their finances.
As the central bank, the PBC will assess the impact of climate change on financial stability and monetary policy. We are looking at the possibility of including climate change factors in the stress test of financial institutions.