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PBOC: 1-Yr/ 5-Yr LPRs for May Lowered to 3%/ 3.5%, Meeting Forecasts
The People's Bank of China (PBOC) announced that the one-year and five-year Loan Prime Rates (LPRs) for May have been lowered from 3.1% and 3.6% to 3% and 3.5% respectively, in...
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PBOC: 1-Yr/ 5-Yr LPRs for May Lowered to 3%/ 3.5%, Meeting Forecasts
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The People's Bank of China (PBOC) announced that the one-year and five-year Loan Prime Rates (LPRs) for May have been lowered from 3.1% and 3.6% to 3% and 3.5% respectively, in line with market expectations.

Related NewsFixed Asset Investment (YTD) YoY for April in China is 4.0%, lower than the previous value of 4.2%. The forecast was 4.2%.

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