China's Central Bank Keeps Rates
This is a China news story, published by CNBC, that relates primarily to LPR news.
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lower lending ratesCNBC
•China holds its benchmark lending rates as Beijing assesses stimulus measures
89% Informative
The People's Bank of China kept major benchmark lending rates unchanged on Wednesday .
The 1-year LPR affects corporate and most household loans in China , while the LPR acts as a benchmark for mortgage rates.
China 's October economic data underscored lackluster momentum in the economy, despite recent stimulus announcements.
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