Expert: 5% may be the lower limit of the current reserve requirement ratio

On September 18th, Jinshi Data reported that the People’s Bank of China recently released a positive signal that there is still room for reserve requirement ratio reduction. Industry experts said that the People’s Bank of China will continue to adhere to a supportive monetary policy in the future, providing more powerful support for high-quality economic development. In order to better maintain reasonable and sufficient liquidity, guide banks to enhance the stability and sustainability of loan growth, and increase the countercyclical adjustment of monetary policy, it is highly probable that a new round of reserve requirement ratio reduction will be implemented within this year. In terms of space, Wang Qing, chief macro analyst of Orient Securities, pointed out that considering that some legal person financial institutions that have already implemented a 5% reserve requirement ratio reduction have not reduced their reserve requirement ratio in previous rounds of reserve requirement ratio reduction, this may mean that 5% is the lower limit of the current reserve requirement ratio, and there is still a 2 percentage point reduction space.