The People's Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Looser monetary policy has driven one-year bank deposit rates below 1%. It may prompt households to shift more of their ...

Chinese banks lowered their benchmark lending rates for the first time in seven months, in a move telegraphed by officials ...

The one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10% from 3.35%, while the five-year LPR was cut by the same margin to 3.6% from 3.85% previously. The lending rates were last ...

The RBA has emphasized in its previous monetary policy statement that bringing inflation to its 2% to 3% target range ...

At the monthly fixing on Monday, the one-year loan prime rate (LPR ... while the five-year rate influences the pricing of mortgages. In October 2024, Chinese lenders slashed lending benchmarks ...

Investing.com-- The People’s Bank of China left its benchmark loan prime rate unchanged ... Lower interest rates also weighed on the Chinese yuan, with Beijing’s discomfort over further ...

BEIJING: Chinese ... lending rates for a fifth straight month amid a lack of monetary easing, as officials keep room open for stimulus in case US tariffs rise again. The one-year loan prime ...

China’s benchmark loan prime rates remained unchanged, extending a hold for a second month after a reduction in October, the People’s Bank of China said. The one-year loan prime rate held ...

A 40 bp rate differential could push the AUD/USD through $0.70. The People’s Bank of China and Loan Prime Rates Meanwhile ... possibly bolstering the Chinese economy. Significantly, an improving ...