The LPR is set once a month, based on a spread above the MLF rate.
1 year loan prime rate set at 4.20%
- expected 4.15%
- prior 4.25%
5-year LPR set at 4.85%, unchanged
Expectations were for a bit more stimulus with a lower rate …. not to be,
1 year loan prime rate set at 4.20%
5-year LPR set at 4.85%, unchanged
Expectations were for a bit more stimulus with a lower rate …. not to be,