{"id":137778,"date":"2023-06-20T17:26:07","date_gmt":"2023-06-20T10:26:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-central-bank-cuts-key-benchmark-interest-rates-to-boost-economic-recovery\/"},"modified":"2023-06-23T05:55:41","modified_gmt":"2023-06-22T22:55:41","slug":"chinas-central-bank-cuts-key-benchmark-interest-rates-to-boost-economic-recovery","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-central-bank-cuts-key-benchmark-interest-rates-to-boost-economic-recovery\/","title":{"rendered":"China\u2019s central bank cuts key benchmark interest rates to boost economic recovery"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/06\/Peoples-Bank-of-China-1000x667-1.jpg?fit=1000%2C667&amp;ssl=1\" width=\"1000\" height=\"667\">&#013;<br \/>\nThe one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced from 3.65 percent to 3.55 percent&#013;<br \/>\n&#013;<br \/>\nSource : arabianbusiness.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.arabianbusiness.com\/industries\/banking-finance\/chinas-central-bank-cuts-key-benchmark-interest-rates-to-boost-economic-recovery\" target=\"_blank\" rel=\"noopener\">China\u2019s central bank cuts key benchmark interest rates to boost economic recovery<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":137779,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-137778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/06\/Peoples-Bank-of-China-1000x667-1.jpg?fit=1000%2C667&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zQe","jetpack-related-posts":[{"id":5524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-bank-indonesia-cut-interest-rates-for-the-real-estate-sector-again\/","url_meta":{"origin":137778,"position":0},"title":"Why Bank Indonesia cut interest rates for the real estate sector again","date":"February 23, 2016","format":false,"excerpt":"\r Bank rate cuts aim to boost property growth this year Residential area in Indonesia (Photo by Rony Zakaria\/Bloomberg News) Indonesia\u2019s residential market ended 2015 on a dull note, according to a new survey conducted by the country\u2019s central bank, Bank Indonesia, triggering the reduction of benchmark rates for a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-federal-reserve-cuts-interest-rates-by-another-quarter-point-heres-what-that-means-for-you\/","url_meta":{"origin":137778,"position":1},"title":"The Federal Reserve cuts interest rates by another quarter point. Here&#039;s what that means for you","date":"December 19, 2024","format":false,"excerpt":"\r The central bank has now shaved a full percentage off its benchmark rate since September. Here's what it means for your borrowing costs.\r \r Source : cnbc.com\r Read more...The Federal Reserve cuts interest rates by another quarter point. Here's what that means for you","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95793,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-lowers-first-home-mortgage-rates-to-revive-market-and-boost-economic-growth\/","url_meta":{"origin":137778,"position":2},"title":"Shanghai lowers first-home mortgage rates to revive market and boost economic growth","date":"August 10, 2018","format":false,"excerpt":"\r Two state-owned banks in Shanghai have lowered their first-home mortgage rates in an unprecedented move to ease buying restrictions after two years of controls to cool the overheated property market. Borrowers will be eligible for a 10 per cent discount off the benchmark interest rate, up from a previous\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dip-in-uae-interbank-rate-could-ease-mortgage-payments\/","url_meta":{"origin":137778,"position":3},"title":"Dip in UAE interbank rate could ease mortgage payments","date":"January 5, 2017","format":false,"excerpt":"\r Homeowners in the UAE may see some relief in their monthly payments if a recent slide in the interbank rate - used as a benchmark for most mortgages in the country - continues.The 4.4 per cent drop in the benchmark three-month Emirates Interbank Offered Rate (Eibor) to 1.38 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reserve-bank-of-australia-keeps-benchmark-rate-unchanged-at-1-5-percent-reuters\/","url_meta":{"origin":137778,"position":4},"title":"Reserve Bank of Australia keeps benchmark rate unchanged at 1.5 percent: Reuters","date":"April 4, 2017","format":false,"excerpt":"\r The RBA kept interest rates on hold at a record low of 1.5 percent on Tuesday, remaining stuck between rising housing prices and a higher jobless rate.\r \r Source : cnbc.com\r Read more...Reserve Bank of Australia keeps benchmark rate unchanged at 1.5 percent: Reuters","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-holds-benchmark-loan-rate-despite-mounting-economic-pressures\/","url_meta":{"origin":137778,"position":5},"title":"China holds benchmark loan rate despite mounting economic pressures","date":"March 21, 2022","format":false,"excerpt":"\r China held its benchmark lending rate despite concerns over a cooling economy, the central bank confirmed on Monday.The one-year loan prime rate (LPR) \u2013 on which most new and outstanding loans are based \u2013 remained at 3.70 per cent at the March fixing.The five-year LPR \u2013 which is a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137778"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=137778"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/137779"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}