{"id":32984,"date":"2022-01-20T01:17:44","date_gmt":"2022-01-20T01:17:44","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=32984"},"modified":"2022-01-20T01:17:44","modified_gmt":"2022-01-20T01:17:44","slug":"china-cuts-mortgage-reference-rate-for-first-time-in-nearly-2-years-benchmark-lending-rate-for-second-straight-month","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=32984","title":{"rendered":"China cuts mortgage reference rate for first time in nearly 2 years, benchmark lending rate for second straight month"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina cut its benchmark lending rate for the second consecutive month on Thursday in the latest move to shore up the cooling economy, while also lowering a mortgage reference rate for the first time in nearly two years.The one-year loan prime rate (LPR) \u2013 on which most new and outstanding loans are based \u2013 was cut from 3.85 per cent to 3.7 per cent at the January fixing.The five-year LPR \u2013 which is a reference rate for mortgages \u2013 was also cut from 4.65 per cent to 4.6 per cent for the first\u2026<a href=\"https:\/\/www.scmp.com\/economy\/economic-indicators\/article\/3164020\/china-cuts-benchmark-loan-rate-second-consecutive-month?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChina cut its benchmark lending rate for the second consecutive month on Thursday in the latest move to shore up the cooling economy, while&hellip; <\/p>\n","protected":false},"author":0,"featured_media":32985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/32984"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32984"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/32984\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/32985"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32984"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}