一线探访！部分银行已启动美元存款“降息”，降幅最高达25BP

Core Viewpoint - A new round of "interest rate cuts" for USD deposits has begun, following the Federal Reserve's recent decision to lower the federal funds rate target range by 25 basis points [2][10]. Group 1: Bank Responses to USD Deposit Rate Changes - Some foreign banks and city commercial banks have quickly adjusted their USD deposit rates, while large state-owned banks have not yet made changes [2][4]. - For instance, Nanjing Bank has lowered its one-year USD deposit rate to 3.3% for deposits starting at $50,000, down by 10 basis points, and to 3.55% for $200,000, down by 25 basis points [4]. - Industrial and Commercial Bank of China (ICBC) has not yet received notifications for rate adjustments, maintaining rates at 2.8% for one-year and two-year deposits [6][7]. Group 2: Market Reactions and Investor Behavior - Despite the rate cuts, there has not been a rush among investors to lock in USD deposits, indicating a rational market response [9]. - Investors are showing a cautious attitude towards USD deposits, with many not committing all their funds to this asset class due to reduced interest rate advantages and potential currency exchange risks [9]. - Alternative investment options, such as gold, have also gained attention, with performance comparable to USD deposits over the past two years [9]. Group 3: Future Outlook for USD Deposit Rates - Analysts expect further reductions in USD deposit rates within the year, with predictions of additional 25 basis point cuts by the Federal Reserve in upcoming meetings [10]. - Factors influencing the outlook include potential RMB appreciation, which could erode USD deposit interest earnings, and the opportunity cost of comparing returns from other investment products [10].