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China keeps benchmark lending rates steady
China keeps benchmark lending rates steady as Fed signals fewer cuts ahead
China kept its main benchmark lending rates unchanged on Friday, as Beijing faces the challenge of bolstering economic growth while backstopping a weakening yuan. The People's Bank of China said it would steady the one-year loan prime rate at 3.
China expected to leave lending benchmarks unchanged amid rate risks
Yield differentials between China and the U.S. hit their widest in 22 years this week, dragging the yuan to its weakest in over a year, despite a Federal Reserve interest rate cut
China Keeps Interest Rates Unchanged
The People's Bank of China maintained its interest rates unchanged for the second straight session on Friday. The PBoC maintained
China leaves rates unchanged, weak yuan limits easing
China left its benchmark lending rates unchanged as expected at the monthly fixing on Friday. WHY IT'S IMPORTANT Persistent deflationary pressure and tepid credit demand call for more stimulus to aid the broad economy,
China’s Benchmark Loan Prime Rates Stay Unchanged
The benchmark loan prime rates remained unchanged in China, extending a hold for a second month after a reduction in October.
People's Bank of China keeps key lending rates steady for second straight month, as expected
People's Bank of China kept its key lending rates steady for the second straight month during its December fixing, as widely expected. The one-year loan prime rate (LPR), the benchmark for most corporate and household loans,
4h
on MSN
Taiwan leads Asian stocks higher in 2024 — but Trump tariffs, China economy cloud region's outlook
Taiwan emerges as Asia's best-performing stock market in 2024, gaining 25.54% as of Dec. 23 In contrast, South Korea was the ...
12d
China's monetary shift signals economic worries, but ‘bazooka-style' stimulus is unlikely, experts say
Despite a flurry of stimulus measures, recent economic indicators have showed the world’s second-largest economy is still ...
2d
China Shorter Yields Sink to Two-Decade Low as Bond Fever Builds
China’s short-term bond yields slumped further to reach the psychological milestone of 1% for the first time since the global ...
4d
on MSN
Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...
3d
on MSN
Trump is looking to create a bitcoin strategic reserve. How would that work?
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers ...
China-US Focus
3d
Trump's Game, China's Move
The Trump White House is likely to ignite another round of inflation in new trade and tech wars. And that could drive ...
1h
China Shanghai composite index ends lower after a choppy session
Underlying sentiment was also underpinned by expectations of more Chinese stimulus and the passing of a crucial funding bill in the U.S. that helped avert a year-end government shutdown.
6d
China may keep trying to spur consumption without big stimulus
Senior officials last week endorsed their strongest pro-growth stance in a decade, indicating bigger government spending and ...
4d
on MSN
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, ...
2d
on MSN
Jim Cramer Reports That Thermo Fisher Scientific Inc. (TMO)’s China Sales Were Flat Year-Over-Year In The Nine Months Ending In September
Stocks He Just Talked About. In this article, we are going to take a look at where Thermo Fisher Scientific Inc. (NYSE:TMO) ...
4d
China's central bank offers strongest yuan support since July after dollar gains
The People’s Bank of China set the so-called fixing at the strongest bias since July versus the average estimate in a ...
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