美联储降息之后，人民币国际化如何突围？

Group 1 - The Federal Reserve's recent decision to lower the federal funds rate target range by 25 basis points marks its first rate cut in 2025, which has been anticipated by global financial markets, resulting in a relatively stable market reaction [1][2] - China's central bank has emphasized a supportive monetary policy stance, focusing on optimizing monetary systems and tools to enhance the effectiveness of monetary policy transmission, thereby promoting funds circulation and value creation [1][2] - The global financial market's response to the Fed's rate cut has been mixed, with significant volatility observed in cryptocurrency markets, while major stock markets remain driven by technical and bond market factors [2][3] Group 2 - The impact of the Fed's rate cut is expected to differ in the short and medium to long term, with potential risks arising from a prolonged period of low rates that could lead to a weaker dollar and affect global capital flows [3][4] - China is advised to manage various relationships, including balancing monetary policy with forward guidance, promoting trade and investment growth while pursuing financial openness, and enhancing domestic and international market integration [4][7] - The internationalization of the renminbi is seen as a strategic opportunity for China to mitigate the impacts of the Fed's rate cut, allowing for more effective monetary policy adjustments and support for the real economy [7][8] Group 3 - The construction of a unified national market and the promotion of a dual circulation strategy are crucial for enhancing domestic consumption and investment, which can help stabilize the renminbi and reduce the impact of fluctuations in the dollar [8][9] - The relationship between credit precision and liquidity injection into capital markets is highlighted, emphasizing the need for a balanced approach to support both the financial system and the real economy [10][11] - The overall focus is on how to leverage the Fed's rate cut to enhance China's economic resilience and improve resource allocation efficiency through targeted monetary policies [11]