• 11/11/2024

China surprisingly holds mortgage rate, raising worries on easing outlook

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s one-year loan prime rate (LPR) was cut from 3.55 per cent to 3.45 per cent, but the five-year LPR remained unchanged at 4.2 per cent, the central bank confirmed on Monday.

https://www.scmp.com/economy/economic-indicators/article/3231734/china-surprisingly-holds-mortgage-rate-raising-worries-easing-outlook?utm_source=rss_feed