The People’s Bank of China held its 1-year and 5-year loan prime rates at 3% and 3.5%, respectively, keeping them unchanged for an eighth straight month.
Recent Posts
- ‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
- Ray Dalio fears ‘capital wars’ could follow Trump’s actions with countries dumping U.S. assets
- Bessent says Trump’s pick for the next Fed chair could happen next week
- Tech stocks lead Wall Street sell-off as tensions over Greenland escalate
- Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake