China’s CPI rose at a weaker-than-expected pace in June. Amid further easing by the PBOC, it is expected that the 1Y loan prime rate (LPR) will fall to 3.20% by end-4Q24 (current 3.45%), UOB Group Economist Ho Woei Chen notes.
China’s CPI rose at a weaker-than-expected pace in June. Amid further easing by the PBOC, it is expected that the 1Y loan prime rate (LPR) will fall to 3.20% by end-4Q24 (current 3.45%), UOB Group Economist Ho Woei Chen notes.
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