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China cuts benchmark lending rates for the first time in 7 months in Beijing's growth push
Source: Buzz FX / 19 May 2025 18:15:33 America/Los_Angeles
China cut its key lending rates by 10 basis points on Tuesday, as Beijing ramps up efforts to boost its economy at a time when trade tensions threaten to derail growth. The People's Bank of China trimmed the 1-year loan prime rate to 3.0% f
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