PBOC Holds Loan Prime Rates Steady, Keeps Easing Option Open as Growth Slows

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The People’s Bank of China left its benchmark lending rates unchanged for a 14th consecutive month today, in line with market expectations, as policymakers balanced slowing domestic growth against heightened external uncertainty. The one-year Loan Prime Rate (LPR), the benchmark for most corporate and household loans, was held at a record low of 3.0%. The […]The post PBOC Holds Loan Prime Rates Steady, Keeps Easing Option Open as Growth Slows appeared first on ActionForex.