UPDATE 1-China stands pat on benchmark rate, signals brief pause in easing efforts
China held its benchmark
lending rate steady on Wednesday, though analysts believe the
widely expected decision signals just a brief pause in the
central bank’s efforts to support an economy ravaged by the
coronavirus pandemic.
lending rate steady on Wednesday, though analysts believe the
widely expected decision signals just a brief pause in the
central bank’s efforts to support an economy ravaged by the
coronavirus pandemic.
Posted by Reuters
