China unexpectedly leaves benchmark lending rates unchanged
China unexpectedly leaves lending rates steady; markets expect cuts soon
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an outsized interest rate cut earlier this week.
China Keeps Benchmark Lending Rates Unchanged
China kept its benchmark lending rates unchanged on Friday, despite growing expectations for a cut after the U.S. Federal Reserve’s larger-than-expected interest rate reduction earlier this week.
China’s Banks Maintain Key Lending Rates as PBOC Stays on Pause
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.
China unexpectedly leaves lending benchmark LPR unchanged
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, despite the Federal Reserve delivering an outsized interest rate cut earlier this week. The one-year loan prime rate (LPR) was kept at 3.
China unexpectedly leaves benchmark lending rates unchanged after Fed's jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.
China keeps loan prime rate unchanged in Sept
Investing.com-- The People’s Bank of China kept its benchmark loan prime rate unchanged on Friday, but is expected to eventually trim the rate further amid steadily deteriorating economic conditions in the country.
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