Sweden's Riksbank expects the policy rate to average 2.07% in Q2 2028, up from a prior forecast of 2.03%.

The PBOC and other regulators' Action Plan directs optimizing offshore trade finance services and supports expanding the comprehensive offshore trade finance reform pilot in the Shanghai FTZ Lingang New Area. It allows global high-quality traders to establish offshore trade specialist companies to provide payment, settlement and financing for offshore trade. The plan backs the "Cross-Border Tong" and "Offshore Tong" platforms in further integrating global customs, logistics and other data to support offshore trade finance. Priority will be given to offshore trade finance tied to bulk commodity trading and other areas with an existing foundation; the offshore trade finance management model may be extended to additional trade scenarios when appropriate.

PBOC's Pan said the central bank will refine the short-end interest rate control mechanism.