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Economy

China holds lending rates as easing room narrows

China kept its lending rates unchanged as the scope for further monetary easing narrowed, Investing.com reported. The RSS item did not provide the rate levels, the decision-making body's explanation or a timetable for another review. It also gave no further detail on the domestic or external constraints shaping the decision.

Why it matters

Holding rates suggests Chinese policymakers are balancing support for growth against limits on further monetary stimulus.

Sources

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