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Central Bank: Cuts the interest rates of various structural monetary policy tools by 0.25 percentage points
GateNews
ChainCatcher News, according to Jinshi Data, People’s Bank of China spokesperson and Vice Governor Zou Lan stated at a State Council Information Office press conference on January 15 that the interest rates for various structural monetary policy tools were lowered by 0.25 percentage points, with the one-year re-lending rate reduced to 1.25%. Other maturity rates were adjusted accordingly. The measures aim to improve structural tools and increase support, further aiding the transformation and optimization of the economic structure.
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