Home » Wang Qing: Monetary policy or small steps are expected to reduce the reserve ratio once in the second quarter | Chief view of the general trend

Wang Qing: Monetary policy or small steps are expected to reduce the reserve ratio once in the second quarter | Chief view of the general trend

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First Financial 2022-04-15 22:09:12

Author: Li Yuchen Yuan Yuli Editor in charge: Li Yuchen

On April 15, the People’s Bank of China decided to reduce the deposit reserve ratio of financial institutions by 0.25 percentage points on April 25, 2022 (excluding financial institutions that have implemented a 5% deposit reserve ratio). After this reduction, the weighted average deposit reserve ratio of financial institutions was 8.1%. Wang Qing, chief macro analyst of Dongfang Jincheng, believes that the later monetary policy is likely to continue the rhythm of small steps and fast walking, and there is still room for further marginal easing. It is expected that there will be another RRR cut in the second quarter.

Wang Qing: Monetary policy or small steps are expected to reduce the reserve ratio once in the second quarter | Chief view of the general trend

On April 15, the People’s Bank of China decided to reduce the deposit reserve ratio of financial institutions by 0.25 percentage points on April 25, 2022 (excluding financial institutions that have implemented a 5% deposit reserve ratio). After this reduction, the weighted average deposit reserve ratio of financial institutions was 8.1%. Wang Qing, chief macro analyst of Dongfang Jincheng, believes that the later monetary policy is likely to continue the rhythm of small steps and fast walking, and there is still room for further marginal easing. It is expected that there will be another RRR cut in the second quarter.

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