Sunday , September 26 2021
Home / South China Morning Post / China loan rate unchanged despite speculation of further policy easing to support economic growth

China loan rate unchanged despite speculation of further policy easing to support economic growth

Summary:
[unable to retrieve full-text content]Banks in China kept the benchmark loan rate unchanged in July for the 15th straight month, indicating that the central bank is continuing to keep policy stable despite a recent surprise move to add liquidity to the financial system.The one-year loan prime rate (LPR) was kept at 3.85 per cent, the same level it has been since April 2020, according to a release from the People’s Bank of China (PBOC) on Tuesday.That followed statements from the central bank that the liquidity added last week did…

Topics:
Bloomberg considers the following as important:

This could be interesting, too:

[email protected] (New Deal democrat) writes Weekly Indicators for September 20 – 24 at Seeking Alpha

Marc Chandler writes What’s Next?

Tyler Durden writes Containers Quickly Pile Up At US Rail Terminals, Add To Port Strains

Tyler Durden writes “It’s A Ghost Town” – Shocking Images Show Downtown Chicago “Depressingly” Empty During Day

[unable to retrieve full-text content]
Banks in China kept the benchmark loan rate unchanged in July for the 15th straight month, indicating that the central bank is continuing to keep policy stable despite a recent surprise move to add liquidity to the financial system.The one-year loan prime rate (LPR) was kept at 3.85 per cent, the same level it has been since April 2020, according to a release from the People’s Bank of China (PBOC) on Tuesday.That followed statements from the central bank that the liquidity added last week did…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.