Current location - Loan Platform Complete Network - Bank loan - China's Monetary Policy in 2020
China's Monetary Policy in 2020
1. A prudent monetary policy should be more flexible and moderate.

2. Give full play to the traction and driving role of refinancing rediscount policy.

3. Continue to deepen the reform of LPR and promote the conversion of pricing benchmark of existing floating interest rate loans in an orderly manner.

Don't use real estate as a short-term means to stimulate the economy.

5. Support equity financing and bond issuance financing of private enterprises.

6. The disposal of high-risk small and medium-sized financial institutions has achieved initial results.

7. Continue to deepen the reform of large commercial banks and other large financial enterprises.

8. Increase financial support to serve the pharmaceutical manufacturing industry to accelerate high-quality development.

9. The price situation is generally controllable, inflation expectations are basically stable, and future changes need continuous observation.

10, the risk of world economic recession intensifies and the domestic economy faces more challenges.

Extended data

First, the effect of tight monetary policy may be obvious in the period of inflation, while the effect of expansionary monetary policy is not obvious in the period of economic recession.

Second, from the balance of the money market, if increasing or decreasing the money supply will affect the interest rate, it must be based on the premise that the money circulation speed remains unchanged.

Third, the external lag of monetary policy will also affect the policy effect.

Reference source

Baidu Encyclopedia-Monetary Policy (Economic and Financial Policy)