BEIJING -- China's central bank left benchmark lending rates unchanged on Friday even as it seeks to guide rates on existing mortgages lower to put more money in consumers' pockets.
Economy
China seeks to lower homebuyers' interest payments to boost spending
Rates on existing mortgages move lower while benchmarks hold steady
The People's Bank of China has kept benchmark interest rates unchanged for back-to-back meetings. © Reuters
Read Next
.jpg?width=700&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=394)
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Economy
