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China keeps benchmark lending rates steady
China keeps benchmark lending rates steady as Fed signals fewer cuts ahead
China kept its one-year and five-year LPRs unchanged at 3.1 and 3.6% respectively. The move, which follows a 25-basis-points rate cut by the U.S. Federal Reserve earlier in the week, was expected, according to a Reuters poll of economists.
China expected to leave lending benchmarks unchanged amid rate risks
Yield differentials between China and the U.S. hit their widest in 22 years this week, dragging the yuan to its weakest in over a year, despite a Federal Reserve interest rate cut
China Keeps Interest Rates Unchanged
The People's Bank of China maintained its interest rates unchanged for the second straight session on Friday. The PBoC maintained
China leaves rates unchanged, weak yuan limits easing
China left its benchmark lending rates unchanged as expected at the monthly fixing on Friday. WHY IT'S IMPORTANT Persistent deflationary pressure and tepid credit demand call for more stimulus to aid the broad economy,
China’s Benchmark Loan Prime Rates Stay Unchanged
The benchmark loan prime rates remained unchanged in China, extending a hold for a second month after a reduction in October.
People's Bank of China keeps key lending rates steady for second straight month, as expected
People's Bank of China kept its key lending rates steady for the second straight month during its December fixing, as widely expected. The one-year loan prime rate (LPR), the benchmark for most corporate and household loans,
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17h
Trump's game, China's move
Recently, the Politburo, China's top decision-making body, opted to respond more actively to economic downturns, boost demand ...
12d
China's monetary shift signals economic worries, but ‘bazooka-style' stimulus is unlikely, experts say
Despite a flurry of stimulus measures, recent economic indicators have showed the world’s second-largest economy is still ...
Hosted on MSN
3d
The Federal Reserve is ‘comfortable’ with its decision of 2 rate cuts in 2025
The Federal Reserve revealed its rhythm for 2025: just two rate cuts. In a recent interview, Mary Daly, president of the ...
4d
on MSN
Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...
3d
on MSN
Trump is looking to create a bitcoin strategic reserve. How would that work?
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers ...
3d
China Shorter Yields Sink to Two-Decade Low as Bond Fever Builds
China’s short-term bond yields slumped further to reach the psychological milestone of 1% for the first time since the global ...
6d
China may keep trying to spur consumption without big stimulus
Senior officials last week endorsed their strongest pro-growth stance in a decade, indicating bigger government spending and ...
7h
China Shanghai composite index ends lower after a choppy session
Underlying sentiment was also underpinned by expectations of more Chinese stimulus and the passing of a crucial funding bill in the U.S. that helped avert a year-end government shutdown.
4d
on MSN
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, ...
4d
China's central bank offers strongest yuan support since July after dollar gains
The People’s Bank of China set the so-called fixing at the strongest bias since July versus the average estimate in a ...
2d
on MSN
Jim Cramer Reports That Thermo Fisher Scientific Inc. (TMO)’s China Sales Were Flat Year-Over-Year In The Nine Months Ending In September
Stocks He Just Talked About. In this article, we are going to take a look at where Thermo Fisher Scientific Inc. (NYSE:TMO) ...
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