People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following rate reductions last year in October and July.
China’s Central Bank Injects Near-Record Amount of Liquidity Into Banking System
The People’s Bank of China pumped about $131 billion worth of liquidity via seven-day reverse repurchase agreements.
China central bank is moving faster towards its policy limits
The announcement by the People's Bank of China that it has suspended treasury bond purchases due to the asset's scarcity highlights the limitations of its resources as it confronts an increasingly challenging economic environment.
China: China's central bank keeps benchmark interest rate at 3.1%
The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month,
China's central bank suspends treasury bond purchases
The People's Bank of China (PBC) announced on Friday that it has decided to temporarily suspend treasury bond purchases in the open market, starting from this month. The central bank said the decision was made as demand exceeded supply on the government bond market recently,
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
China leaves benchmark lending rates unchanged
China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited Beijing's monetary policy easing efforts.
China Keeps Loan Prime Rates Unchanged
China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased monetary policy in October to boost slowing domestic demand.
China keeps benchmark lending rates unchanged for 3rd straight month
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability amid expectations of further monetary easing to support economic growth.
China to name Zou Lan as central bank deputy governor, sources say
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
China’s central bank, securities regulator, pledge further support for stock buyback and repurchase program
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's ...
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
China Reiterates Goal to Keep Yuan Stable as Pressure Grows
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore ...
China’s Central Bank Reiterates Easing Pledges Amid Policy Dilemmas
The People’s Bank of China vowed to help the economy grow this year, firming expectations of more monetary easing.
China’s Record Capital-Account Outflows Pile Pressure on Yuan
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
China's Gold Market Update: Seasonal Strength In December
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
Dollar Rebounds as Trump Eyes More Canada, Mexico Tariffs
The dollar bounced back after posting its steepest drop in 14 months amid bets that US President Donald Trump’s tariff plans ...