Stable Rates Amid Economic Uncertainties

In a move that aligns with analysts' predictions, the People's Bank of China (PBoC) has decided to keep its key interest rates unchanged. This announcement was made on Friday, reflecting the bank's strategy to maintain stability amidst economic fluctuations.

Key Rates Unchanged
The one-year Loan Prime Rate (LPR) remains steady at 3.1%, while the five-year LPR continues at 3.6%. This decision follows a similar stance taken by the PBoC in November, indicating a consistent approach to managing interest rates.