PBOC Maintains Interest Rates for 11th Consecutive Month as Q1 Growth Meets Target
The People's Bank of China (PBOC) kept its main lending rates unchanged for the 11th consecutive month in April 2026, aligning with market expectations. The one-year LPR remained at 3.0%, signaling continued monetary support for the economy. Q1 growth reached the upper limit of the target, indicating stable economic performance.
Topics: lending rates monetary policy People's Bank of China