Huaxi Securities: The scale of reserve requirement ratio cut and interest rate cut in 2025 may not be less than 50bp and 20bp respectively.

robot
Abstract generation in progress

On December 10th, Jin10 Data reports that Huaxi Securities research report pointed out that the mention of 'monetary policy' in this political meeting inevitably brings to mind the magnificent combination of monetary and fiscal policies from 2008 to 2010. Specifically with regard to this round of monetary policy, it may be similar to the past, not only the tone has changed, but the framework has also shifted from cross-cycle (or cross-cycle and countercyclical) to countercyclical regulation. This probably points to the increased adjustment of the reserve ratio and policy interest rate. Looking forward to 2025, the magnitude of a single reduction in the deposit reserve ratio and interest rate under monetary policy may not be lower than 50bp and 20bp (in 2024), and it is also possible to further increase the magnitude in extreme situations. The specific degree of easing and duration may depend on the economic situation.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)