China Held Lending Rates for a 16th Month — The Constraint Is Demand, Not the Price of Money
China kept one- and five-year loan prime rates at 3.00% and 3.50%, as global tightening and weak borrowing demand limit the case for another broad cut.
What changed, why it matters, and what most people may be overlooking.
China kept one- and five-year loan prime rates at 3.00% and 3.50%, as global tightening and weak borrowing demand limit the case for another broad cut.