China Keeps Loan Prime Rates Unchanged

China's central bank holds rates steady at 3.0% and 3.50% The People's Bank of China has decided to leave its Loan Prime Rates (LPRs) unchanged. The one-year LPR remains at 3.00%, while the five-year LPR stays at 3.50%. This decision is seen as a neutral stance b

China’s central bank holds rates steady at 3.0% and 3.50%

The People’s Bank of China has decided to leave its Loan Prime Rates (LPRs) unchanged.

The one-year LPR remains at 3.00%, while the five-year LPR stays at 3.50%.

This decision is seen as a neutral stance by the central bank, as it aims to balance economic growth and inflation control.

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