Market rumors over the weekend in the central bank may be on November 21 to lower interest rates, the rate of decline in at least 54 basis points. Vice President of the People's Bank of China Yi Gang last weekend in an interview with the media talking about the expected rate cut that China is now more appropriate to the level of interest rates, monetary policy in the future will be in accordance with the requirements in a timely manner in accordance with appropriate changes in interest rates to adjust.

Yi Gang pointed out that the consumer price index (CPI) data link, China has bid farewell to the actual situation of negative interest rates, in a more appropriate level. In the future will be in accordance with the requirements of monetary policy, appropriately in a timely manner in accordance with changes in interest rate adjustments.

Prior to this, the central bank in the third quarter monetary policy implementation report, and lowered the benchmark deposit and loan interest rates and statutory reserve ratio, such as solely relying on the central issue of voting down a moderate rate stability will help guide market expectations, market The interest rate adjustment of supply and demand of funds. The latest central issue further votes to 50 billion yuan that the central bank's return on capital reduction, in line with the current easy monetary policy appropriate. Recently a central vote-year decline in interest rates to issue more than 6 times the sum of the current 1-year deposit interest rate in recent years, reaching a record 135 basis points. Counting down the interest rate the central market shown on the central bank to cut interest rates sharply to the strong expectations.

Tsinghua University, China and World Economy Research Center Director Lee Kwai Rice told reporters that China's monetary policy in stimulating domestic demand, stimulate consumption and the prevention of loose monetary policy have brought inflation to strike a balance between risk. The future of monetary policy will follow a gradual relaxation of the economic situation, if severe economic downturn, the degree of ease and frequency will increase. If the economy than expected, it will maintain the current policy, all the way to adjust. At the same time, he thought, for stimulating domestic demand, stimulate investment, the current lower rate than the deposit reserve rate cut is more effective, more cause for concern.

Cinda Securities analyst Li Jianpeng bonds, "an appropriate time to adjust interest rates" does not mean that in theory does not cut interest rates in the near future, but to choose a good time.