Rénháng de huòbì zhèngcè yǐngxiǎng zhěnggè jīngjì.
The PBoC's monetary policy affects the entire economy.
Tips
usage
人行 is a widely used abbreviation for 中国人民银行 (People's Bank of China). Note that 人行道 (sidewalk) and 人行横道 (crosswalk) share the characters but use a different reading: rén xíng.