China LPR keeps Trump tariffs as durable as pressure yuan

China has kept the credentials of credit unchanged On Monday, it is 3.1% and 5-year 5-year-old Central Bank of Central Bank to increase trade voltage of the United States by 3.6%

The decision of the People’s Bank of China, China, was reported to be better in this month’s expected economic information In the first quarter, GDP grows in 5.4% per yearThis allows the room to keep the value stable.

Retail sales and industrial product numbers for March also defeated the expectations of economists questioned by Reuters.

1-year LPR affects corporate and most farm loans in China, serves as a benchmark for 5 years of LPR mortgage prices. PBOC has kept LPRs stable since October last year.

Following the announcement, Yuan on the Chinese land In 7,2995 against $ 7,2995, in 7,2995, the yuan marginalized Greenback increased to 7,2962 against Greenback.

Hold was in accordance with a Reuters request Economists are waiting for 87% to keep PBOC stable.

Dutch Bank ing Last week, PBOC, probably analysts, Lynn song and MIN Jo Kang, forecasted that the LPR’s sliding is not possible for the first 7-day repo speed.

This 7-day repo rate It is currently at 1.5% and the last 20 main points were reduced in September.

At the same time, “low inflation and strong external headings provide a strong job to lighten low inflation and strong external headlines during the decline in tariff threats. However, currency stabilization may want to wait until the US capital reserves reduce debt costs.”

The United States has introduced up to 245% of Chinese imports, and China has failed 125% to US imports.

Although GDP growth figures are inspiring, consumer prices in the world’s second largest economy remained in deflation Reads CPI in March 0.1% of the prices show that the year falls.

Production prices in March 29th, 29th, 29th, in the territory of the deflation, the largest contraction has been declining since 2024.