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China Keeps Benchmark Lending Rates Unchanged for 16th Month
Vera
By Vera
Markets Editor
China kept its benchmark lending rates unchanged in September for a 16th consecutive month, Reuters reported. The one-year loan prime rate remained at 3.00%, while the five-year LPR, which influences mortgage pricing, stayed at 3.50%. The decision extends Beijing's prolonged pause in benchmark lending-rate adjustments as policymakers balance domestic growth SupportAn area where buyers have previously absorbed enough selling to slow or reverse a fall. It is a zone of interest, not an invisible floor.Read More against banking-sector constraints and the external rate environment. The unchanged settings represent a fresh September monetary-policy decision rather than a new easing step.
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