FXStreet reports that economist at UOB Group Ho Woei Chen, CFA, reviewed the latest interest rate decision by the PBoC.
“The People’s Bank of China (PBoC) kept its Loan Prime Rate (LPR) unchanged in August with the 1Y LPR and the 5Y & above LPR set at 3.85% and 4.65% respectively. Today’s move marks the fourth consecutive month that the PBoC has stayed on hold, setting a new record for the longest stretch that it has kept rates steady since the LPR reform in August 2019.”
“The decision is in line with market’s expectation as the PBoC had kept the 1Y medium-term lending facility (MLF) rate which the LPR is anchored to, unchanged at 2.95% on Monday. Furthermore, the uptrend in domestic interbank rates since June due to tightened liquidity and better economic outlook, has also reduced the prospect of banks cutting their lending rates.”
“Despite holding off further rate cuts, the central bank signaled that it will continue to maintain ample market liquidity.”
“China's Cabinet on Monday had also repeated its long-held policy stance to guide lending rates lower while avoiding “flood-like” stimulus. As such, we still see prospect for a slight downward trajectory in the benchmark 1Y LPR to 3.75% by end-2020 even as the odds of rate cuts are diminishing as the economy stabilises.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.