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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%.
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Looser monetary policy has driven one-year bank deposit rates below 1%. It may prompt households to shift more of their ...
China cut benchmark lending rates for the first time since October on Tuesday, after Beijing announced sweeping monetary ...
The RBA has emphasized in its previous monetary policy statement that bringing inflation to its 2% to 3% target range ...
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 ...
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 ...
Chinese banks held their benchmark lending rates following a major cut last month. The one-year loan prime rate will stay at 3.10% and the five-year rate remains at 3.60%, according to a statement ...
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 ...