China’s 16-Month LPR Freeze Signals Diminishing Room for Broad Easing

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China kept its benchmark lending rates unchanged for a 16th consecutive month in September, extending a long policy pause as authorities balance still-soft domestic demand against diminishing room for broad monetary easing. The one-year Loan Prime Rate was held at 3.00%, while the five-year LPR remained at 3.50%, matching unanimous expectations among the 21 participants […]The post China’s 16-Month LPR Freeze Signals Diminishing Room for Broad Easing appeared first on ActionForex.