China cuts benchmark loan prime rates by 25 bps
China cuts benchmark loan prime rates by 25 bps
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
China Cuts Benchmark Lending Rates
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China lowers benchmark lending rates by 25 basis points
The move was not unexpected. China's central bank governor indicated last week that the loan market benchmark rate would be lowered by 20 to 25 basis points.
China cuts key lending rates to support growth
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
China cuts key lending rates to revive flagging economy
Analysis of recent rate cuts by the PBOC in China to boost the economy, including reductions in one-year LPR and five-year LPR.
China cuts benchmark lending rates by 25 basis points
The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.
China cuts benchmark loan prime rates by 25 bps days after stimulus blitz to boost economy
China on Monday announced to cut the benchmark lending rates. The one-year loan prime rate (LPR) has been lowered by 25 basis points to 3.10 per cent from 3.35 per cent.
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