China Cuts Banks’ Lending Rates as Trade War Escalates

<p>PBOC has recently made some changes in its interest rate policy. Following the move to link the loan prime rate (LPR) to open market operations, the medium lending facility (MLF) rate, the central bank over the weekend announced the plan to set a floor for mortgage rate. The first change essentially lowers banks’ lending rates […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/228193-china-cuts-banks-lending-rates-as-trade-war-escalates/">China Cuts Banks’ Lending Rates as Trade War Escalates</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>