CoinVoice has learned that, according to Jintian Data, People's Bank of China spokesperson and Deputy Governor Zou Lan stated at a State Council Information Office press conference on January 15 that the interest rates for various structural monetary policy tools will be reduced by 0.25 percentage points. The one-year re-lending rate will be lowered to 1.25%, and interest rates for other maturities will be adjusted accordingly. The measures aim to improve structural tools, increase support, and further assist in the transformation and optimization of the economic structure.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CoinVoice has learned that, according to Jintian Data, People's Bank of China spokesperson and Deputy Governor Zou Lan stated at a State Council Information Office press conference on January 15 that the interest rates for various structural monetary policy tools will be reduced by 0.25 percentage points. The one-year re-lending rate will be lowered to 1.25%, and interest rates for other maturities will be adjusted accordingly. The measures aim to improve structural tools, increase support, and further assist in the transformation and optimization of the economic structure.