China keeps benchmark lending rates unchanged despite slowing economic growth [MSNBC.com]
Goldman Sachs Group, Inc. (The) (GS)
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Source: MSNBC.com
Key PointsBEIJING, CHINA - JANUARY 06: The People's Bank of China (PBOC) building is seen on January 6, 2025 in Beijing, China.Visual China Group | Getty ImagesChina's central bank kept its loan prime rates unchanged on Tuesday as the authorities focus on targeted support for specific sectors to bolster a slowing economy instead of broad policy easing.The People's Bank of China held its 1-year and 5-year loan prime rates at 3% and 3.5%, respectively, keeping them unchanged for an eighth straight month.The 1-year rate influences most new and outstanding loans, while the 5-year benchmark affects mortgages.The decision came as the world's second largest economy lost its momentum in the final quarter of 2025,In nominal terms, China's GDP growth edged up to 3.8% year on year in the fourth quarter as deflation showed signs of easing, said Erica Tay, director of macro research at Maybank.The GDP deflator narrowed to minus 0.9% in the fourth amid tentative signs of recovery in industrial prof
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GS
Earnings
- 1/16/26 - Beat
GS
Sec Filings
- 1/20/26 - Form 424B2
- 1/16/26 - Form 424B2
- 1/16/26 - Form 424B2
- GS's page on the SEC website