又见中小银行密集调降存款利率

Core Viewpoint - Recently, small and medium-sized banks in China have entered a new round of interest rate cuts after a period of silence, indicating a potential shift in monetary policy [1] Group 1: Interest Rate Cuts - A number of small and medium-sized banks have been actively lowering or preparing to lower deposit interest rates since October, with Shanghai Huari Bank reducing its 3-year fixed deposit rate from 2.3% to 2.15% on October 13 [1] - Huari Bank has implemented a total of 8 interest rate cuts this year, reflecting a trend among similar banks such as Tianjin Jincheng Bank and Henan Luoyang Rural Commercial Bank, which also cut rates in late September [1] Group 2: Future Expectations - Industry analysts expect that there may be another round of reserve requirement ratio (RRR) and interest rate cuts by the central bank in the fourth quarter, which could lead to a corresponding decrease in the Loan Prime Rate (LPR) [1] - According to Wang Qing, Chief Macro Analyst at Dongfang Jincheng, the central bank is likely to implement new interest rate cuts in the fourth quarter, while CITIC Securities predicts a possible 10 basis point cut [1]