China continuesBelow more policy space.Analysts are expected to reduce LPR interest rates in January next year.Not According to the announcement of the People's Bank of China on Tuesday (December 20), the first -year LPR was 3.65%and the five -year period was 4.3%, which remained unchanged and consistent with prediction.Not Bloomberg's previous survey showed that the 18 -year -old economic division's prediction of the one -year survey was that the LPR interest rate was unchanged this month, and one thought that the 5 basis points were reduced; 15 participating in the five -year survey of the five -year surveyThree of the economists believe that 10 basis points are reduced by 5 years, and the rest thinks it remains unchanged.Not According to Bloomber Report, the fixed income of Minsheng Securities SPAN> Chief Analyst Tan Yiming said that due to the unchanged interest rates of this month's medium-term lending facility (MLF), it is not significant to adjust LPR alone;In order to open the door next year, it is not ruled out that the possibility of LPR has been reduced 5 years alone.Not The Chinese government has shifted the focus from epidemic prevention to promoting growth. At the CPC Central Committee's Economic Work Conference held last week, the leadership promised to provide stronger currency and fiscal stimuli, and support private enterprises.Liu Guoqiang, deputy governor of the People's Bank of China, said that the strength of monetary policy in 2023 cannot be less than this year. If necessary, it should be further forces, unless economic growth and inflation exceed expectations.Not Bloomberg reports that maintaining policy fixation this month may leave more policy space next year.China ’s credit data in November, which was released before, was still sluggish, and new RMB loans and social federations were lower than expected; economic data such as industrial added value and total retail sales of social consumer goods were also weak; real estate investment, residential sales, and unemployment rates wereIt also shows that the downlink pressure facing the economy is increasing.As China's recent epidemic infection has intensified, domestic production and consumption materials have been further affected, and policy care still requires policy care.Not Shanghai Securities News last Friday (16th) quoted analysts that, in the context of the Bank of China's previous reduction and September deposit interest rates, it focused on the steady growth and risk control of risks at the end of this year and early next year and early next year.It is required that LPR is expected to be reduced this month, and MLF, LPR interest rates may be reduced in January next year.
