Dow Jones Newswires: China Lowers Benchmark Lending Rates By 10 Basis Points

This was the first cut in the benchmark loan rates since August 2022, as Beijing moved to roll out more measures to buoy growth.

Topics:  august   beijing   benchmark   rates   
BING NEWS:
  • China expected to leave lending benchmarks unchanged amid rate risks
    China is widely expected to leave its benchmark lending rates unchanged on Friday, a Reuters poll showed, as falling yields, shrinking net interest margins and a weakening yuan create limits for ...
    12/18/2024 - 5:35 pm | View Link
  • China keeps benchmark lending rates steady as Fed signals fewer cuts ahead
    China kept its main benchmark lending rates unchanged on Friday ... while the 5-year LPR serves as a reference for mortgage rates. The rate decision came on the back of a widely-expected ...
    12/18/2024 - 11:00 am | View Link
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