Summary: China kept its benchmark lending rates unchanged following a rate cut last month and a trade deal with the U.S. that eased growth concerns. The trade truce allowed Beijing to support its currency and raised hopes for a smaller economic impact. While near-term growth outlook has improved, Beijing might be compelled to ramp up policy support in the second half of the year.

Link: https://www.cnbc.com/2025/06/20/china-june-lpr-unchanged-after-may-cut.html