Reported 1 day ago
China is anticipated to keep its benchmark lending rates unchanged following a recent reduction aimed at invigorating the economy. This comes amid a framework agreement on tariffs between the U.S. and China, which has fostered optimism for recovering business activity. A Reuters survey indicated that market experts unanimously expect rates to remain steady, as recent economic data suggests a need for further stimulus while stabilizing the economy hinges more on the outcomes of trade negotiations.
Source: YAHOO