Reducing the interest rate of bank deposits is good for consumption and can promote the development of market economy, but it has little effect on the people. The situation of inflation at home and abroad is very different. The domestic price level is low and inflation is also at a low level. Even if the overall interest rate of banks falls, it will not have a significant impact on people's lives. Under the premise that the overall interest rate goes down, the deposit interest rate should also show a downward trend, which is the law of the market.
The reduction of bank interest rates has little impact on the people, because the reduction of 10~ 15 basis points will not have much impact on people's income. At present, people's savings deposits are not rising fast, and the number of deposits will be further reduced after the interest rate is lowered. This can encourage citizens to operate and consume, promote the development of market economy, improve people's desire for consumption, and encourage savings funds to turn to the capital market. The introduction of this policy is of great benefit to the banking industry, which is conducive to increasing the income of banks and promoting the development of the financial industry.
The reduction of deposit interest rate has little effect on people, and it is also because people don't have much deposits now, and most people have mortgages. The reduction of bank interest rate is not only the reduction of deposit interest rate, but also the reduction of loan interest rate, so that people's interest income will be reduced, so that people's income will not be greatly affected. If there is no deposit in the bank, only loans will reduce their economic burden, so from this perspective, interest rate cuts have little impact on people's lives.
Some professionals also said that the domestic mortgage funds are relatively sufficient now, and lowering the deposit interest rate to adjust the deposit-loan difference is to prepare for the next loan interest rate reduction. If there is still room for lowering the loan interest rate, people can save the cost of buying a house if they buy a house again, which is good news for the people. Although the interest rate of bank deposits will be lowered now, the interest rate of time deposits of existing banks will not change, and the interest will be calculated according to the agreement at the time of deposit, so the new interest-bearing policy will not have much impact on the people.