The relatively rare high-level press conference was scheduled after the U.S. Federal Reserve cut interest rates last week.
That kicked off an easing cycle that theoretically gives China's central bank further room to cut its rates and boost growth in the face of deflationary pressure.
Pan became PBOC governor in July 2023.
He then told reporters in March, alongside China's annual parliamentary meeting, there was room to cut the RRR further.
China's government system also means that policy is set at a far higher level than that of the financial regulators speaking Tuesday.
Persons:
Pan Gongsheng, Gongsheng, Pan
Organizations:
People's Bank of China, BEIJING — People's Bank of China Gov, U.S . Federal Reserve
Locations:
Shanghai, China, BEIJING