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China cuts benchmark lending rates for the first time in 7 months in Beijing's growth push
cnbc.com/2025/05/20/china-cuts-benchmark-lending-rates-for-the-first-time-in-7-months.html
China cut its key lending rates by 10 basis points on Tuesday, as a stronger yuan and easing trade tensions offer it room for monetary easing aimed at boosting its economy.
The People's Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from…
This story appeared on cnbc.com, 2025-05-20 03:15:04.951000.