The People’s Bank of China (PBOC) is expected to keep the loan prime rate (LPR) steady, in order to help solidify reductions in corporate loan rates, the Financial News reported on Thursday.
Key takeaways
“China’s corporate loan rates are likely to be kept low due to low inflation risks and stable macro policies.”
“The PBOC seems content with the current interest rate levels while leaving the January MLF rate unchanged, while abundant credit and demand should support recovery.”
more to come …
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