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China: interest rate unchanged for the 18th consecutive month

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 20/10/2026, 09:16:25 UTC.

Briefings

China's central bank reduced its benchmark interest rate by 10 basis points in October 2025, marking the 18th consecutive month of unchanged rates since May 2025. The People's Bank of China is evaluating whether to replace the current policy rate with a new benchmark.

Key points

• The People's Bank of China reduced the benchmark interest rate by 10 basis points in October 2025, the 18th consecutive month of unchanged rates since May 2025.
• The People's Bank of China is evaluating whether to replace the current policy rate with a new benchmark.

Context

China's central bank has maintained its benchmark interest rate unchanged for 18 months, with the last reduction occurring in May 2025. The People's Bank of China is now considering replacing the current policy rate with a new benchmark.

Limitations

Evidence is limited to a single reported rate reduction in October 2025 and mentions of ongoing evaluation without specific details on the new benchmark or implementation timeline.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 21/10/2026, 02:05:55 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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