Yesterday, there was a rumor in the market that Chinese banks are about to cut deposit interest rates again in the near future and will be announced as soon as this week. Many banks asked by the reporter have yet to respond positively to this, but some banking industry insiders said that there is indeed a possibility that interest rates on deposits will be lowered in the near future. A joint stock bank insider told the reporter that the bank originally planned to further reduce deposit interest rates after the 11th long vacation, but there are no changes yet. He anticipates that it is more likely that the regulatory authorities will guide banks to adjust deposit interest rates in the near future. This is also to hedge against the impact of the upcoming decline in stock mortgage interest rates on bank interest rates.

Yesterday, there was a rumor in the market that Chinese banks are about to cut deposit interest rates again in the near future and will be announced as soon as this week. Many banks asked by the reporter have yet to respond positively to this, but some banking industry insiders said that there is indeed a possibility that interest rates on deposits will be lowered in the near future. A joint stock bank insider told the reporter that the bank originally planned to further reduce deposit interest rates after the 11th long vacation, but there are no changes yet. He anticipates that it is more likely that the regulatory authorities will guide banks to adjust deposit interest rates in the near future. This is also to hedge against the impact of the upcoming decline in stock mortgage interest rates on bank interest rates.