Group 1 - The core viewpoint of the news is that the Loan Prime Rate (LPR) remains unchanged for both the 1-year and 5-year terms, aligning with market expectations, indicating stability in monetary policy [1] - The 1-year LPR is set at 3.0% and the 5-year LPR at 3.5%, with both rates unchanged from previous values, reflecting a lack of significant changes in the pricing basis for LPR [1] - The stability of the LPR is attributed to various factors including extreme weather, growth stabilization policies, external fluctuations, and adjustments in the real estate market, which have led to a decline in macroeconomic data [2] Group 2 - There is a possibility of interest rate cuts within the year, which could lead to a reduction in LPR, driven by increasing external volatility and the need for economic stabilization measures [3] - The expectation of a potential 50 basis point reserve requirement ratio cut and a 10 basis point interest rate cut by the end of the year reflects the ongoing need for a moderately loose monetary policy to counter economic pressures [3] - The overall monetary policy is expected to maintain a loose stance throughout 2025, in conjunction with fiscal, industrial, employment, and social security policies to form a cohesive policy approach [3]
LPR连续5个月按兵不动 年内仍有下调可能
Zheng Quan Ri Bao·2025-10-20 17:29