Expert: 5% or the lower limit of the current reserve rate

On September 18th, the People's Bank of China recently released a positive signal that there is still room for RRR cuts. Industry experts said that the People's Bank of China will continue to adhere to supportive monetary policies in the future and more effectively support high-quality economic development. In order to better maintain reasonable and abundant liquidity and guide banks to enhance the stability and sustainability of loan growth, monetary policy may increase countercyclical adjustment, and a new RRR cut is likely to be implemented within this year. From the perspective of space, Wang Qing, chief macro analyst of Dongfang Jincheng, said that considering that in the previous RRR cuts, some legal person Financial Institution Groups that have implemented the 5% deposit reserve ratio have not reduced the RRR, < b > This may mean that 5% is the lower limit of the current deposit reserve ratio, so there is still 2 percentage points of room for RRR reduction .