MNI PBOC WATCH: PBOC Seen Easing, Guiding LPR Lower, In Q2

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Apr-21 10:35
PBOC

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The People's Bank of China is likely to guide the benchmark Loan Prime Rate lower in the second quarter, as the economy faces the impact of U.S. tariffs and as lower deposit rates provide more room for lenders to ease their borrowing rates. The LPR,...