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PBOC May Keep LPR Unchanged: News

CHINA PRESS

The PBOC may keep the loan prime rate (LPR) unchanged to help solidify reductions in corporate loan rates, the Financial News reported. China's corporate loan rates are likely to be kept low due to low inflation risks and stable macro policies, the newspaper reported citing Wang Qing, an analyst with Golden Credit Rating. The PBOC seems content with the current interest rate levels while leaving the January MLF rate unchanged, while abundant credit and demand should support recovery, the newspaper reported citing Zhou Maohua, an analyst from China Everbright Bank.

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