China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut - CNBC

The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.

By: CNBC

Sep 21 2024
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China on Friday kept its main benchmark lending rates unchanged at the monthly fixing. Market watchers polled by Reuters had expected a trim as the Federal Reserve's 50 basis point rate cut had give… [+2236 chars]

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