PBoC LPR setting unchanged – by fx_ross PBOC USDCNY Currencies
since last year to boost sales in its moribund property market, as Reiters reported, stating however, ''but the main result so far has simply been a rush by households to pay off existing mortgages early, potentially squeezing banks' profits.''
The article goes on to explain that ''it also highlights, however, how mortgage rate cuts and other measures to aid China's faltering property sector, hit by a slump in demand and a cash crunch at major developers, have yet to deliver a meaningful recovery, even as recent data show the market is stabilising. Analysts expect a recovery will only kick in towards the second half of this year.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
NZD/USD drops to near 0.6320 at open as focus shifts to PBOC rate decisionThe NZD/USD pair has dropped to near 0.6320 in the opening session on Monday as the market sentiment has got heated. The warning from the US ambassado
Consulte Mais informação »
AUD/JPY recovers firmly from 92.00 ahead of PBoC’s monetary policyThe AUD/JPY pair has picked strength after a weak open around 92.10 in the Tokyo session. The risk barometer has recovered to near 92.30 and is lookin
Consulte Mais informação »
People Are Sharing Things That Rich People Have 'Completely Ruined' For Everybody Else'It's Absolutely Ridiculous': People Are Sharing Things That Rich People Have 'Ruined' For Everybody Else
Consulte Mais informação »
People Are Sharing The Unhealthy Obsessions That People HaveThe truth is, all of us are guilty of at least one or more of these.
Consulte Mais informação »
Bernie Sanders: Nikki Haley's call for competency tests is 'absurd'Bernie Sanders slammed Nikki Haley's call for mental competency tests for politicians older than 75 as 'absurd.'
Consulte Mais informação »
Mayoral candidate Brandon Johnson confident tax plan won't drive people out of ChicagoJohnson backs a new financial transaction taxes, a head tax of up to $4 per employee for large companies, a jet fuel tax, and more.
Consulte Mais informação »