畅通货币政策传导机制意义重大

Group 1 - The central bank will continue to implement a moderately loose monetary policy and closely monitor the transmission of previously implemented policies and their actual effects [1] - The transmission mechanism of monetary policy is crucial for influencing financial institutions' behavior and ultimately adjusting economic variables [1][2] - The central bank has cumulatively reduced the reserve requirement ratio 12 times and policy interest rates 9 times since 2020, highlighting the importance of a smooth transmission mechanism [2] Group 2 - A smooth transmission mechanism supports the development of the real economy by ensuring that released liquidity reaches it directly rather than remaining in the financial system [2] - Effective transmission reduces potential risks within the financial system by preventing funds from being trapped and promoting reasonable returns [3] - A well-functioning transmission mechanism enhances the flexibility and sustainability of monetary policy by maximizing the effectiveness of policy tools [4]