Deep search
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
China cuts benchmark loan prime rates by 25 bps
China Cuts Key Lending Rates to Support Growth
Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages. Since the Sept. 24 measures, the CSI300 Index has broken records for daily moves and is up more than 14% overall. The yuan is down 1% against the dollar in that period.
China cuts benchmark loan prime rates by 25 bps
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
PBoC cuts loan prime rates
The one-year loan prime rate (LPR) was cut from 3.35% to 3.1%, while the five-year LPR was lowered from 3.85% to 3.6%, the People’s Bank of China (PBoC) said in a statement. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.
ä¸å›½æ—¥æŠ¥ç½‘
1h
Lowering loan interest rate good for real economy
The current loan prime rate (LPR) is 3.1 percent, while that for five years or more is 3.6 percent. This reduces the amount a ...
1d
China Market Update: Mainland Investors Cheer Loan Prime Rate Cu
Asian equities were mixed overnight as Mainland China outperformed and the US dollar strengthened.
Hoodline
5h
Tennessee Sets New Maximum Interest Rate at 12% Following Federal Reserve Update
The Tennessee Department of Financial Institutions has announced a new maximum interest rate of 12% per annum.
1d
Get the lowest HELOC rates available in October 2024
At today’s average HELOC rate of 8.88%, which assumes an 80% LTV, borrowing $100,000 on a 10-year repayment term equates to a ...
1d
Oil and Natural Gas Technical Analysis Following PBC’s Rate Cuts
Oil and natural gas prices initiated a rebound after the PBoC’s Loan Prime Rate cuts, but the overall trend remains bearish.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback