China kept its benchmark lending rates unchanged for the sixth straight month today, leaving the one-year Loan Prime Rate at 3.0% and the five-year rate at 3.5%. The decision was widely expected, as policymakers continue to balance the need to support the economy with the desire to avoid fueling financial instability. Despite the steady stance, […]The post PBoC stays on hold, but markets still see easing ahead appeared first on Action Forex.