EconomyChina
China Holds LPR Steady for 16th Straight Month
China's Loan Prime Rate stayed unchanged for a 16th month, as analysts say external tightening by the Fed, ECB and BOJ has limited impact.
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China's Loan Prime Rate stayed unchanged for a 16th month, as analysts say external tightening by the Fed, ECB and BOJ has limited impact.
China's LPR stays unchanged for 15 months. Analysts expect rate cuts and RRR reductions in Q3-Q4 as the PBOC shifts toward structural tools.
China's central bank holds benchmark lending rates steady for a 15th consecutive month as 1-year LPR stays at 3.0% and 5-year-plus LPR at 3.5%.