AsianFin -- China is expected to maintain its benchmark lending rates for the fourth consecutive month next Monday, according to a Reuters survey, following the central bank’s decision to hold a key policy rate steady after the U.S. Federal Reserve’s recent rate cut.

Despite recent data pointing to a slowdown in economic momentum, analysts say Chinese authorities are showing no urgency to introduce major stimulus measures, supported by resilient exports and a recent rally in the stock market.

The loan prime rate (LPR), typically extended to banks’ best clients, is calculated monthly based on submissions from 20 designated commercial banks to the People’s Bank of China (PBOC).

In the survey of 20 market watchers conducted this week, all respondents predicted that both the one-year and five-year LPRs would remain unchanged at 3.00% and 3.50%, respectively.