sharon sanders
Editor-in-Chief & President
The implementation of the RRR cut today will significantly improve the situation of tight funds before the holiday
Shanghai Securities News at 02:30 on February 5, 2024
Sina Finance APP
Analysts said that as a traditional heavyweight monetary policy tool, this RRR cut not only demonstrates the forward-looking layout and full strength of monetary policy, but will also use real money to protect the economy from a good start and a good start in the first quarter.
This RRR cut exceeded market expectations in terms of implementation intensity, implementation timing, and policy mix. Among them, in terms of intensity, "0.5 percentage points" is the largest decline in the past two years. Policy support has increased and the long-term funds provided have doubled.
From a timing point of view, during the critical window period when the market is expected to need to "warm up" and the economic recovery needs to be "pushed and pushed", it conveys to the market a clear message that macroeconomic control will be intensified at the beginning of the year and monetary policy will make counter-cyclical adjustments. Signal.
more.... zhttps://finance.sina.com.cn/roll/2024-02-05/doc-inafxeru8377723.shtml
Shanghai Securities News at 02:30 on February 5, 2024
Sina Finance APP
Starting from February 5, the deposit reserve ratio of financial institutions will be reduced by 0.5 percentage points, which will provide the market with long-term liquidity of approximately 1 trillion yuan.Analysts said that as a traditional heavyweight monetary policy tool, this RRR cut not only demonstrates the forward-looking layout and full strength of monetary policy, but will also use real money to protect the economy from a good start and a good start in the first quarter.
This RRR cut exceeded market expectations in terms of implementation intensity, implementation timing, and policy mix. Among them, in terms of intensity, "0.5 percentage points" is the largest decline in the past two years. Policy support has increased and the long-term funds provided have doubled.
From a timing point of view, during the critical window period when the market is expected to need to "warm up" and the economic recovery needs to be "pushed and pushed", it conveys to the market a clear message that macroeconomic control will be intensified at the beginning of the year and monetary policy will make counter-cyclical adjustments. Signal.
more.... zhttps://finance.sina.com.cn/roll/2024-02-05/doc-inafxeru8377723.shtml