China keeps loan prime rate unchanged for seventeenth consecutive month
FROM THE WIRE · RTTNEWS.COM
China maintained its loan prime rates for seventeenth consecutive month, as widely expected, on Tuesday. The People's Bank of China left its one-year loan prime rate unchanged at 3.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralExpected PBoC rate decision with no surprise likely to move prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The People's Bank of China left its one-year loan prime rate unchanged.
- 02The decision was widely expected.
- 03The rate has been held steady for seventeen consecutive months.