China expected to keep loan prime rates steady for 16th month
A Reuters survey says policymakers are widely expected to leave China’s benchmark lending rates steady in September for a 16th consecutive month, amid caution about new stimulus as major central banks turn hawkish.
China is widely expected to keep benchmark lending rates unchanged for a 16th straight month in September, according to a Reuters survey, as policymakers stay cautious about adding fresh stimulus amid a hawkish shift among major global central banks. The loan prime rate, normally charged to borrowers, is expected to remain steady.