China's central bank will wait until the fourth quarter economic index is released before considering further rate cuts and easing, a central bank adviser said on Tuesday, adding a decision would depend on U.S. and Japanese monetary policy.
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Chen Yulu, who sits on the central bank's monetary policy committee, also reiterated the central bank line that Friday's rate cut did not represent a change in monetary policy.
Chen made the comments on the sidelines of an economy and finance forum in Beijing.
Earlier on Tuesday, the central bank cut the yield for a key short-term money rate, following a surprise cut to benchmark lending rates on Friday to support the cooling economy.
(Reporting by Jake Spring; Writing by Paul Carsten)