PBoC keeping supported targeted
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The central bank (PBoC) announced the monthly loan prime rate (LPR) for February on Thursday morning.
The headline: The LPR fell 10 basis points to 4.05% from 4.15% in January.
Some context:
The PBoC cut the rates on the LPR base rate – i.e the medium-term lending facility (MLF) – by 10 basis ...