China Maintains Loan Prime Rate (LPR) in February 2025 Amid Economic Recovery Efforts
China’s central bank, the People’s Bank of China (PBOC), announced on February 20, 2025, that it would keep the Loan Prime Rate (LPR) unchanged. The one-year LPR remains at 3.45%, while the five-year LPR, which impacts mortgage rates, stays at 4.20%. This decision highlights Beijing’s cautious approach to monetary policy as the economy shows signs […]