{"id":162177,"date":"2019-12-20T07:15:34","date_gmt":"2019-12-20T12:15:34","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=162177"},"modified":"2019-12-20T07:05:22","modified_gmt":"2019-12-20T12:05:22","slug":"china-leaves-benchmark-lpr-rate-steady-at-4-15-percent","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/china-leaves-benchmark-lpr-rate-steady-at-4-15-percent\/","title":{"rendered":"China leaves benchmark LPR rate steady at 4.15 percent"},"content":{"rendered":"<div id=\"inves-3454833509\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 20, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.centralbanknews.info\/\"><u>CentralBankNews.info<\/u><\/a><\/p>\n<p>China&#8217;s central bank left its new policy rate steady at 4.15 percent following three cuts since the one-year Loan Prime Rate (LPR) was designated as the benchmark lending rate in August.<\/p>\n<p>The People&#8217;s Bank of China (PBOC) also left the 5-year LPR rate, used to price home mortgages, at 4.80 percent in a release on its website.<\/p>\n<p>The decision comes two days after the interest rate on 14-day reverse repurchase agreements was lowered by 5 basis points to 2.65 percent while the 7-day rate, which was cut was 5 points in November for the first time in more than four years, was left unchanged at 2.50 percent.<\/p>\n<p><a href=\"http:\/\/www.centralbanknews.info\/\">www.CentralBankNews.info<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info China&#8217;s central bank left its new policy rate steady at 4.15 percent following three cuts since the one-year Loan Prime Rate (LPR) was designated as the benchmark lending rate in August. The People&#8217;s Bank of China (PBOC) also left the 5-year LPR rate, used to price home mortgages, at 4.80 percent in a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-162177","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=162177"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162177\/revisions"}],"predecessor-version":[{"id":162187,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162177\/revisions\/162187"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=162177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=162177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=162177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}