That's signaling that they may be moving toward a pause.

Sometimes getting to the other side seems impossible. You know there’s a way. You can actually see the steps in your mind – but it all seems out of reach. Pause. Relax. Remember to do what you can in the moment you’re in. Before long, you’ll arrive at your destination ready for the next challenge.

The most visible manner to achieve this is by allowing USD/CNY to fall marginally below the psychological 8.00 level by late April.

This time around it's at the high end, so in this sense, it is sufficient for addressing inflation.

Yesterday's move had a lot to do with the downgrading of the hurricane, but it's the same category as Katrina.

Arrête toi. Lève la tête. Regarde par la fenêtre. Respire.