今天,央行再出手!降准降息新信号!
Sou Hu Cai Jing·2025-08-25 02:55

Group 1 - The People's Bank of China (PBOC) is conducting a 600 billion yuan Medium-term Lending Facility (MLF) operation to maintain liquidity in the banking system, with a net injection of 300 billion yuan in August, marking the sixth consecutive month of increased MLF operations [1][2] - The PBOC's actions are aimed at stabilizing market expectations and ensuring ample liquidity, especially in light of rising market interest rates and tightening liquidity conditions [2][3] - The PBOC's monetary policy remains supportive, with a focus on maintaining liquidity to match the growth of social financing and money supply with economic growth and price level expectations [2][3] Group 2 - Experts predict that the PBOC may implement further reserve requirement ratio (RRR) cuts and interest rate reductions in the fourth quarter, while continuing to use MLF and reverse repos to inject liquidity [3][4] - The PBOC's recent actions are part of a broader strategy to create a conducive monetary environment for economic recovery, with ongoing monitoring and communication regarding policy measures [3][5] - The international context, particularly the Federal Reserve's potential interest rate cuts, may influence the PBOC's future monetary policy decisions [4][5]