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home / news releases / CXSE - PBOC unexpectedly cuts LPR rates and short-term policy rates to bolster economic recovery


CXSE - PBOC unexpectedly cuts LPR rates and short-term policy rates to bolster economic recovery

2024-07-22 01:40:40 ET

In an unexpected move, the People’s Bank of China (PBOC) cut its one-year and five-year loan prime rates to record lows of 3.35% and 3.85%, respectively, during July's fixing to bolster the fragile economic recovery. ...

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PBOC unexpectedly cuts LPR rates and short-term policy rates to bolster economic recovery
Stock Information

Company Name: WisdomTree China ex-State-Owned Enterprises Fund
Stock Symbol: CXSE
Market: NASDAQ
Website: www.wisdomtree.com

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