China unexpectedly leaves benchmark lending rates unchanged
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China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.
Fed cuts benchmark interest rate: What does this mean for you?
The Federal Reserve has cut its benchmark interest rate by half a percentage point. What does it mean for you?
China Leaves Benchmark Lending Rates Unchanged, Defying Expectations
China kept its benchmark lending rates unchanged on Friday, despite growing expectations for a cut after the U.S. Federal Reserve’s larger-than-expected interest rate reduction earlier this week.
Federal Reserve cuts benchmark rate by 50 basis points
The Federal Open Market Committee trimmed its benchmark interest rate by 50 basis points to 4.75%-5.0% on Wednesday in its first rate cut in more than four years.
Bank stocks rise after Fed cuts benchmark rate by half point
Policymakers signaled more reductions lie ahead, a development that could curb lenders' net interest income in the near term but support economic growth and credit quality.
China unexpectedly leaves lending rates steady; markets expect cuts soon
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an outsized interest rate cut earlier this week.
China stocks post rare weekly rise after Fed rate cut
China stocks closed higher on Friday, logging their first weekly gain in a month, as the jumbo US rate cut strengthened bets Beijing will soon unveil fresh stimulus. Hong Kong shares rose for the fifth day,
China unexpectedly leaves key rates unchanged despite Fed cut
China's five-year loan prime rate remained unchanged even after the US Federal Reserve kicked off its rate-cutting cycle China surprised the market by leaving a mortgage-linked lending rate unchanged on Friday,
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