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China set to leave benchmark lending rates unchanged for 17th month

A Reuters survey of 22 market participants showed all expected the one-year and five-year LPRs to stay at 3.00% and 3.50% at Tuesday's review. Third-quarter growth rebounded from three-year lows as strong exports offset tight consumer spending, though analysts warn that reliance on external drivers is deepening structural imbalances. Market participants expect Beijing to meet its 2026 growth target of 4.5%-5.0% without additional stimulus. New home prices fell again in September, extending a slump of more than three years and suggesting policy support has not yet sparked a broad housing recovery.

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