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China cuts loan prime rates, key short-term rate to support economy

People’s Bank of China lowered the seven-day reverse repo rate as well as both the one-year and five-year loan prime rates.

By: scmp.com

Jul 22 2024
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China cuts loan prime rates, key short-term rate to support economy

People’s Bank of China lowered the seven-day reverse repo rate as well as both the one-year and five-year loan prime rates.

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UK property market sees green shoots as buyers anticipate rate cut, lower mortgage rates