China keeps benchmark lending rates steady
China’s Central Bank Keeps Benchmark Lending Rate Steady; Has Room for Later Cuts, Experts Say
The People’s Bank of China held the one-year LPR at 3.1 percent today, compared with 3.45 percent a year earlier, and the five-year LPR at 3.6 percent, versus 3.95 percent a year ago. Chief economists polled earlier by Yicai did not expect any cuts.
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