• PBOC holds rates steady despite weakening recovery - Sharecast.com

    Source: Buzz FX / 20 Sep 2024 05:26:14   America/New_York


    Despite recent dovish guidance in the aftermath of a raft of poor economic data for August, the PBOC held the one-year loan prime rate steady at 3.35% and the five-year rate at 3.85%.
    Many economists had pencilled in a cut of 10 basis point
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