Core Viewpoint - The Loan Prime Rate (LPR) in China remains unchanged for the eighth consecutive month, with the one-year LPR at 3.0% and the five-year LPR at 3.5% [1] Group 1: Reasons for LPR Stability - The stability of the LPR is attributed to three main factors: the central bank's 7-day reverse repurchase rate has remained stable, indicating no adjustment in the LPR this month [1] - Current net interest margins for commercial banks are at historical lows, leading to cautious pricing by banks to maintain stable operations [1] - The central bank is shifting its policy tools towards structural interest rate cuts, favoring targeted and precise adjustments rather than broad-based measures [1] Group 2: Future Outlook - The Deputy Governor of the People's Bank of China indicated that there is still room for further reserve requirement ratio (RRR) cuts and interest rate reductions this year [1] - If interest rate cuts are implemented, the LPR is expected to adjust accordingly [1]
最新报价出炉LPR连续八个月维持不变
Qi Huo Ri Bao·2026-01-20 16:12