SHANGHAI (Reuters) -China is expected to leave benchmark lending rates unchanged for a sixth consecutive month in November, a Reuters survey showed, after the central bank signalled less urgency for additional monetary stimulus.

The loan prime rate (LPR), normally charged to banks’ top clients, is calculated each month after 20 designated commercial banks submit propose rates to the People’s Bank of China (PBOC).

All 23 respondents in a Reuters survey this week said they expected the one-year and five-year LPRs to remain steady on Thursday at 3.0% and 3.5%, respectively.

The consensus comes after the PBOC this month maintained its seven-day reverse repo rate, which now serves as a major policy rate.

They said the central bank seems to have shifted to a less dovish stance after resurfac

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