https://www.taxtmi.com/news?id=44123 China's central bank cut the one-year and five-year loan prime rates to loosen monetary conditions amid weak demand and trade-related pressures, altering the reference rates for new and floating-rate loans to support consumption, industry and property investment. The cuts coincided with positive regional equity moves and a large IPO debut, while a sovereign credit-rating downgrade for the United States heightened volatility in Treasury yields and underscored the fiscal and trade factors influencing global borrowing costs. en-us Tue, 20 May 2025 09:31:05 +0530 Tue, 20 May 2025 09:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44123 China's central bank cut the one-year and five-year loan prime rates to loosen monetary conditions amid weak demand and trade-related pressures, altering the reference rates for new and floating-rate loans to support consumption, industry and property investment. The cuts coincided with positive regional equity moves and a large IPO debut, while a sovereign credit-rating downgrade for the United States heightened volatility in Treasury yields and underscored the fiscal and trade factors influencing global borrowing costs. News - Tue, 20 May 2025 09:31:05 +0530 https://www.taxtmi.com/news?id=44123