LPR连续四个月维持不变，年内仍有下行空间

Core Viewpoint - The loan market's two-term Loan Prime Rate (LPR) has remained unchanged for four consecutive months, with expectations for a more flexible monetary policy in China due to the Federal Reserve's recent interest rate cuts [1] Group 1: Monetary Policy Implications - Experts believe that the Federal Reserve's initiation of interest rate cuts since December 2024 will provide a more accommodative liquidity environment globally [1] - The potential for further rate cuts by the Federal Reserve before the end of the year may alleviate pressure on the interest rate differential between China and the U.S., as well as on the RMB exchange rate [1] - Reduced external constraints are expected to create a more favorable environment for adjustments in China's monetary policy [1]