No Room for Cuts to China’s Benchmark Rate as Net Interest Margins Plunge
www.chinabankingnews.com
Domestic analysts speculate that China is unlikely to cut interest rates in future, after the benchmark rate held steady for an eighth consecutive month in April following strong economic and credit growth in the first quarter of 2023.
No Room for Cuts to China’s Benchmark Rate as Net Interest Margins Plunge
No Room for Cuts to China’s Benchmark Rate as…
No Room for Cuts to China’s Benchmark Rate as Net Interest Margins Plunge
Domestic analysts speculate that China is unlikely to cut interest rates in future, after the benchmark rate held steady for an eighth consecutive month in April following strong economic and credit growth in the first quarter of 2023.