China PBoC Interest Rate Decision above forecasts (3.3%): Actual (3.45%)

Feb 20, 2024

Japan’s Suzuki: Closely watching FX moves

Japanese Finance Minister Shunichi Suzuki offered some mild verbal interventions on Tuesday.

PBOC cuts 25 bps to the 5-year Loan Prime Rate to 3.95%

The People's Bank of China announced on Tuesday that it maintained the one-year Loan Prime Rate (LPR) unchanged and cut the five-year LPR by 25 basis points (bps) from 4.20% to 3.95%.