China Keeps Loan Rates Steady, Economists Predict Future Cuts
China keeps its key loan prime rates steady at 3.1% for one-year loans and 3.6% for over-five-year loans, signaling a cautious approach while economists predict possible future rate cuts.
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ECB’s Kazaks Foresees Gradual Rate Cuts as Base Scenario
ECB’s Martins Kazaks suggests that gradual rate cuts are the base scenario for the ECB, signaling a potential shift in monetary policy as the Eurozone faces economic challenges.
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