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After the relentless jawboning in recent days, many were expecting some further easing today from the PBOC, and Beijing did not disappoint when China cut the 5-year loan prime rate (LPR) – which influences mortgage rate pricing – and is also known as China’s Libor (or rather SOFR since Libor no longer exists) by 25bp […]
Posts Tagged ‘supercharges’
China Supercharges Stimulus With Biggest Cut In Mortgage Reference Rate On Record
February 20th, 2024 
Awake Goy 
Posted in Jewish News 
Tags: biggest, china, mortgage, record, reference, stimulus, supercharges 
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