结构性货币政策工具首迎降息，多项再贷款扩额升级精准发力

Group 1 - The central bank has signaled a further easing of monetary policy through structural interest rate cuts, indicating a shift towards a more accommodative monetary stance [2][4] - The People's Bank of China (PBOC) has lowered the interest rates on structural monetary policy tools by 0.25 percentage points, from 1.75% to 1.5%, and the rate for policy financial institutions' pledged supplementary loans (PSL) from 2.25% to 2% [2][4] - The total balance of structural monetary policy tools is approximately 5.9 trillion yuan, accounting for 13% of the PBOC's balance sheet, which is considered a reasonable level [4] Group 2 - The introduction of new policy tools for service consumption and elderly care loans aims to stimulate financial support in these sectors, enhancing domestic service consumption and supporting the development of the elderly care industry [5][7] - The new policy tool is an expansion and upgrade of the previous inclusive elderly care special re-loan policy, which had an initial quota of 40 billion yuan [6][7] - The PBOC has also increased the quotas for technology innovation and technical transformation re-loans by 300 billion yuan, bringing the total to 800 billion yuan, to support small and medium-sized technology enterprises [7]