China Maintains Steady Loan Prime Rates for Seventh Consecutive Month
TL;DR
China's central bank kept its benchmark lending rates steady for the seventh consecutive month despite weak economic indicators and a prolonged slump in the property market, as the country faces deflationary pressures and aims to support growth through government bonds and policy measures.
- China keeps benchmark lending rates steady for a seventh straight month despite weak economic data CNBC
- China set to keep rates steady for seventh month despite slowing economy Reuters
- PBOC: 5-yr, 1-yr LPR Remain Unchanged for Dec AASTOCKS.com
- China leaves loan prime rate unchanged in December as expected Investing.com
- PBOC leaves Loan Prime Rates unchanged in December FXStreet
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