People's Bank of China policy rate setting, no change. As expected.
LPRs left at:
- 3.45% for the one year
- 4.20% for the five year
- The 1 year rate was last changed in August: PBOC Loan Prime Rates (LPR) CUT: 1-year 3.45% (prior 3.55%) & 5-year 4.2% (prior 4.20%)
more to come
People's Bank of China Governor Pan Gongsheng