China Cuts Key Lending Rates To Support Growth - Reuters

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Sun, 10/20/2024 - 6:31pm

China cuts key lending rates to support growth ReutersChina Cuts Lending Rates to Bolster Struggling Economic Growth BloombergAsia-Pacific markets mixed as investors assess China loan prime rate cut CNBCChina cuts interest rates in battle to hit year-end growth target Financial Times

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  • China Cuts Key Lending Rates to Support Growth
    Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages. Since the Sept. 24 measures, the CSI300 Index has broken records ...
    10/22/2024 - 2:17 pm | View Link
  • Investors Welcome China's Rate Cuts But Want Fiscal Catalyst
    China's slashing of its key lending rates on Monday marks one of the most forceful interventions from the People's
    10/21/2024 - 9:08 am | View Link
  • China Cuts Key Lending Rates Amid Efforts to Boost Economic Growth
    China's central bank on Monday cut its main benchmark lending rates, marking the latest in a series of monetary easing measures aimed at reviving economic growth in the world's second-largest economy.
    10/21/2024 - 3:09 am | View Link
  • China cuts benchmark lending rates by 25 basis points
    China on Monday lowered its main benchmark lending rates by 25 basis points at the monthly fixing. The one-year loan prime rate (LPR) has been cut to 3.1%, while the five-year LPR has been trimmed to ...
    10/21/2024 - 12:14 am | View Link
  • China's LPRs drop amid efforts to drive economic growth
    To ease the financial burden on homeowners, China's central bank has asked commercial banks to lower interest rates for outstanding mortgage loans. This reduction will save borrowers 150 billion yuan, ...
    10/20/2024 - 11:36 pm | View Link
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