China Maintains Benchmark Lending Rates Amid Fed Rate Cuts
TL;DR Summary
China's central bank kept its benchmark lending rates unchanged for the fourth consecutive month despite the U.S. Federal Reserve's rate cut, signaling a cautious approach amid mixed economic signals and recent stock market rally, with expectations of slight easing later in the year to meet growth targets.
- China leaves benchmark lending rates unchanged as expected, despite Fed rate cut CNBC
- After Fed cut, moderate easing expected by China’s central bank, supporting yuan South China Morning Post
- China expected to leave benchmark lending rates unchanged Monday despite Fed easing Reuters
- PBOC leaves Loan Prime Rates unchanged in September FXStreet
- China leaves benchmark lending rates unchanged for fourth month in Sept Yahoo
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