Finance
China's LPR Holds Steady for 15 Months as Policy Shift Looms
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.
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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%.