PBOC

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Across
  1. 5. The current PBOC governor's predecessor
  2. 6. The most opaque of all tools but often effective in China
  3. 9. Used in open-market operations to absorb liquidity
  4. 10. Top policy makers characterized monetary policy as _______ in December, showing a shift toward relative tightening
  5. 11. The last adjustment was a cut in October 2015.
  6. 12. Probably the easiest to remember of all the acronyms
  7. 13. The latest member of the PBOC alphabet soup
  8. 16. This rate was increased the week before Chinese New Year
  9. 17. PBOC's favorite word when it comes to describing monetary policy
Down
  1. 1. These loans are longer-term and only offered to major banks
  2. 2. Nicknamed "sour and spicy noodles" in China for its English initials
  3. 3. The most important man at the PBOC
  4. 4. A (relatively) vocal employee of the central bank
  5. 7. Offered only to major banks, this facility usually matures in less than one week
  6. 8. A PBOC publication
  7. 14. Neglected for a while, this tool is sometimes used to support specific sectors
  8. 15. Used in open-market operations to inject liquidity