Core Viewpoint - The People's Bank of China has maintained the one-year Loan Prime Rate (LPR) at 3.00% and the five-year LPR at 3.50%, indicating a stable monetary policy environment [1][3]. Summary by Category LPR Data Overview - The one-year LPR remains unchanged at 3.00% as of July 21, 2025, consistent with the previous month [1]. - The five-year LPR is also held steady at 3.50%, unchanged from June 2025 [1]. - Historical data shows that the one-year LPR has been at 3.00% since April 2025, while the five-year LPR has been at 3.50% since the same period [2]. Market Implications - The decision to keep the LPR stable suggests that the central bank is likely prioritizing economic stability and growth over immediate monetary easing [3]. - The market anticipates that the Federal Reserve will maintain its interest rates in July, with a 95.3% probability, indicating a cautious approach to monetary policy in the global context [3].
7月最新LPR出炉！1年期与5年期以上均保持不变
Jin Tou Wang·2025-07-21 03:35