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China expected to leave benchmark lending rates unchanged despite Fed easing
China's central bank maintains loan prime rates at 3.00% and 3.50% despite economic slowdown, awaiting policy rate cuts before adjusting lending rates, analysts say.
Summary by Reuters
12 Articles
12 Articles
China expected to leave benchmark lending rates unchanged despite Fed easing
China is expected to leave benchmark lending rates unchanged for the fourth month in a row next Monday, a Reuters survey showed, after the central bank kept a key policy rate steady following the U.S. Federal Reserve's rate cut.
·United Kingdom
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In the monthly update published in its official portal, the People's Bank of China (BPC) indicated that the reference rate for credit (LPR, in English) will continue for one year at the current level by at least one month. Created in 2019 as a reference for interest rates in the country, LPR serves as the basis for setting the costs of new loans, especially for companies, and also for loans with variable rate still in progress. Its value is dete…
·Portugal
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Total News Sources12
Leaning Left2Leaning Right1Center5Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 25%
C 63%
12%
Factuality
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