China’s PBoC Holds Key Lending Rates Steady as Policymakers Avoid Rush to Ease
The People’s Bank of China left its benchmark lending rates unchanged in May, extending its policy pause to a full year as authorities signaled little urgency to deliver additional monetary easing despite slowing domestic momentum. The 1-year loan prime rate w
The People’s Bank of China left its benchmark lending rates unchanged in May, extending its policy pause to a full year as authorities signaled little urgency to deliver additional monetary easing despite slowing domestic momentum. The 1-year loan prime rate was held at 3.00%, while the 5-year LPR, widely used as a reference for mortgage […] The post China’s PBoC Holds Key Lending Rates Steady as Policymakers Avoid Rush to Ease appeared first on ActionForex.