6月贷款市场报价利率与上月持平

Core Viewpoint - The Loan Prime Rate (LPR) in China remains unchanged for both the 1-year and 5-year terms at 3.0% and 3.5% respectively, reflecting a stable monetary policy environment [1][2] Group 1: Monetary Policy and LPR Stability - The People's Bank of China has established the 7-day reverse repurchase rate as a new pricing anchor for LPR, which has led to a stable LPR following a previous decrease in May [1] - Economic data from May showed improvements in both supply and demand, with consumption being a highlight, suggesting a stable economic outlook for June [2] - The Federal Reserve's decision to maintain its interest rate range at 4.25% to 4.50% indicates that domestic monetary easing may face constraints [2] Group 2: Future Expectations and Economic Impact - Analysts predict that LPR may remain stable in the short term, but there could be room for a decrease later in the year to stimulate internal demand and support the real estate market [3] - The focus may shift from merely lowering LPR to reducing overall financing costs, including non-interest expenses, to support economic growth [4] - The ongoing pressure on bank interest margins suggests that future monetary policy will need to balance various economic factors while promoting lower financing costs for businesses and consumers [2][3]