{"id":67355,"date":"2022-06-20T12:02:43","date_gmt":"2022-06-20T08:02:43","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=67355"},"modified":"2022-06-20T12:02:46","modified_gmt":"2022-06-20T08:02:46","slug":"peoples-bank-of-china-keeps-interest-rates-unchanged","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/peoples-bank-of-china-keeps-interest-rates-unchanged\/06\/20\/market-updates\/","title":{"rendered":"People&#8217;s Bank of China keeps interest rates unchanged"},"content":{"rendered":"\n<p>The People&#8217;s Bank of China kept interest rates unchanged in June at 3.7% for one year and 4.45% for 5 years, in a move that was expected by most investors.<\/p>\n\n\n\n<p>The Central Bank had reduced interest rates for one year during the months of November and December of last year by 5 basis points in each, to reach 3.7%, which continues at this level so far.<\/p>\n\n\n\n<p>It is noteworthy that most of the major central banks around the world have raised interest rates in line with the Fed&#8217;s decision, which came in light of a violent inflation wave hitting America and Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The People&#8217;s Bank of China kept interest rates unchanged in June at 3.7% for one year and 4.45% for 5 years, in a move that was expected by most investors. The Central Bank had reduced interest rates for one year during the months of November and December of last year by 5 basis points in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":56113,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6832,7523,6846,7015,6909],"class_list":["post-67355","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-china","tag-lockdown","tag-oil","tag-usd-cad","tag-wti"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=67355"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67355\/revisions"}],"predecessor-version":[{"id":67356,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67355\/revisions\/67356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/56113"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=67355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=67355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=67355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}