It Is A Good Thing For The Central Bank To Cut Interest Rates And Reduce The Stock Market.

The people's Bank of China has decided to reduce the RMB lending and deposit benchmark interest rates of financial institutions since October 24, 2015, so as to further reduce the cost of social financing.

In this regard, Li Daxiao, chief economist of British securities, said that the central bank lowered interest rates to reduce the accuracy, so as to maintain the loose environment of the money market and reduce the enterprises.

It is conducive to the stability of the real estate market and plays an important stabilizing role in economic growth and plays an important role in the stock market's recovery.

Down from the same date

The RMB deposit reserve ratio is 0.5 percentage points, so as to keep the liquidity of the banking system reasonable and abundant, and guide the steady growth of monetary and credit.

At the same time, to increase financial support for the "three rural" and

The positive incentive will reduce the deposit reserve rate by 0.5 percentage points to the standard financial institutions.

Repeated words such as "re" and "significant" in his micro-blog indicate that the affirmation of the central bank's re launch is "a great advantage, and plays an important role in stabilizing the economy and stabilizing the stock market".

Li Daxiao summed up the current market in three sentences: the bottom of the diamond is shiny, the top of the earth is heavy, and the bottom of the baby is tight.

As early as in the early September, he said that the most painful stage of the A share had passed, but the baby was crying. On the 21 th of this month, the Shanghai Stock Exchange plummeted by 100 points. Li Daxiao once again soothed the shareholders, and the crash was just "baby".

The central bank dropped two times. Among them, the benchmark lending rate for one year lending of financial institutions was reduced by 0.25 percentage points to 4.35%; the one-year deposit benchmark interest rate dropped 0.25 percentage points to 1.5%; the other grades of loans and deposit benchmark interest rates, the people's Bank of China adjusted corresponding to the lending rates of financial institutions, and the interest rate of individual housing provident fund loans remained unchanged.

At the same time, commercial banks and rural cooperative financial institutions will no longer set the upper limit of deposit interest rate, and we should speed up the marketization and regulation mechanism of interest rates, strengthen the central bank's regulation and supervision of interest rate system, and improve the efficiency of monetary policy pmission.