China Keeps Lending Benchmark LPRs Unchanged for 13th Month in June

China keeps key lending rates unchanged for 13th month

1-year loan prime rate remains at 3%, 5-year rate 3.5%

China keeps lending benchmark LPRs unchanged for 13th month in June

SHANGHAI: China left benchmark lending rates unchanged for the 13th consecutive month in June on Monday, in line with market expectations.

China keeps benchmark lending rates unchanged for 13th month in June

The steady loan prime rates signal authorities are in no rush to ease policy Read more at The Business Times.

China Holds Loan Prime Rates Steady as Weak Credit Demand Limits Case for Easing - ActionForex

China kept its benchmark lending rates unchanged for a 13th consecutive month in June, reinforcing expectations that policymakers are not yet prepared to deliver another round of monetary easing. The one-year loan prime rate (LPR) was held at 3.00%, while the five-year LPR, the reference rate for mortgages, remained at 3.50%. The decision reflects Beijing’s […] The post China Holds Loan Prime Rates Steady as Weak Credit Demand Limits Case for Ea…