China keeps benchmark lending rates unchanged

China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump's administration.
China leaves benchmark lending rates unchanged
China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited Beijing's monetary policy easing efforts.
China Keeps Loan Prime Rates Unchanged
China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased monetary policy in October to boost slowing domestic demand.
China: China's central bank keeps benchmark interest rate at 3.1%
The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month,
People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following rate reductions last year in October and July.
China keeps benchmark lending rates unchanged for 3rd straight month
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability amid expectations of further monetary easing to support economic growth.
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
NBC Los Angeles12d
Asia markets fall as Fed inflation worries temper rate cut expectations, China CPI slows
Investors in Asia also await China's inflation data for December. Economists polled by Reuters expect growth in consumer ...
Hosted on MSN5h
Tech Stock Roundup: Apple Dips On China Sales; Intel Under Target
Apple stock decreased as Vivo and Huawei overtook it as China’s top smartphone seller in 2024. Intel rose by over 8% in ...
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
Stock market today: Asian shares slip as China says economy hit 5% growth target in ’24
Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Trump is holding off on tariffs but betting Day 1 moves can cut energy prices and tame inflation
WASHINGTON (AP) — Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive ...
Dollar Falls After Report That Immediate Tariffs Under Trump Are Unlikely
The dollar fell to a two-week low after the Wall Street Journal reported that Donald Trump is unlikely impose new trade tariffs on his first day in office as many trading partners had feared.