PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

Market news

15 May 2024

PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

The People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Wednesday. The PBoC also kept the five-year LPRs unchanged.

The one-year MLF was last cut in August 2023, from 2.65%.

Australia Wage Price Index (QoQ) registered at 0.8%, below expectations (0.9%) in 1Q

Australia Wage Price Index (YoY) came in at 4.1%, below expectations (4.2%) in 1Q

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