(Beijing / New York Comprehensive News) China often proposes to use monetary policy tools such as downgrade at a timely manner to increase the expectations of the market's reduction in standards.
According to Xinhua News Agency, the Premier Li Keqiang of the State Council of the State Council of the State Council pointed out on Tuesday that it is necessary to increase financial support for the real economy.Before waiting for monetary policy tools to maintain reasonable liquidity.
Bloomberg analysis said that after such a statement is released, the People's Bank of China usually reduces its standards within a few days.Bloomberg Economist Qu Tianshi believes that the People's Bank of China will follow the requirements of the State Council and quickly reduce the deposit reserve rate. The earliest time window is Friday (November 25).The possibility of lowered 50 basis points, it is expected that it will release about 1.1 trillion yuan (RMB, the same below, the same, 211.73 billion yuan for S $ 211.73 billion) to the bank.
Xing Zhaopeng, a senior Chinese strategist at the Bank of Australia and New Bank, predicts that the RRRC's raid by the People's Bank of China is expected to be at 25 basis points, releasing a liquidity of about 500 billion yuan.The loose policy may be maintained to the Spring Festival, short -term beneficial bonds.
In October, China's economic activities slowed down, and consumption and other trend were downturn. New bank loans also reached a new low in the past five years.The epidemic in November is still spreading, and the restrictions on epidemic prevention will further upgrade the decline in the property market, and economic growth concerns will continue to heat up.
