Lowering the deposit interest rate can encourage citizens to invest in an active economy.
Lowering the loan interest rate can increase the loan ratio.
1. The purpose of lowering the deposit reserve ratio is to inject liquidity into the market, including the capital market and the real economy.
2. Function: It can solve the problem of insufficient liquidity caused by the lack of confidence of all parties in the market in the short term.
Impact: Protect the capital market and the real economy and guide them to develop in a healthy direction.
4. The purpose of lowering the deposit interest rate is the same as that of lowering the deposit reserve ratio, which is to inject liquidity into the market and stimulate economic growth.
In short, the downward adjustment of the "three rates" is for one goal, that is, to develop the economy, which shows that the government's efforts to solve the current crisis are unprecedented; At the same time, it also shows the government's determination to develop its own economy.
1. Interest rate is an important lever of macro-control and an important means of regulating money supply. 2. The impact of interest rate changes on economic life is mainly manifested in: (1), the impact of deposit interest rate adjustment. The increase of deposit interest rate will usually attract residents to save, minimize the amount of money in circulation, and then make the living consumption expenditure relatively decline; Lowering the deposit interest rate usually leads to a decrease in savings and an increase in the amount of money in circulation, which in turn leads to a relative increase in living consumption expenditure. At the same time, the adjustment of deposit interest rate will also change the investment direction of residents, such as turning to stocks and bonds. It can be seen that the adjustment of deposit interest rate mainly controls the amount of money in circulation and the social demand for means of subsistence by adjusting the amount of deposits. In addition, the increase of deposit interest rate can increase residents' savings interest income, but in the case of inflation, if the increase of deposit interest rate is less than the inflation rate, residents' actual income will decrease. (2) The influence of the change of loan interest rate. Raising the loan interest rate will increase the loan cost and restrain the loan, thus restraining the bank loan scale, reducing the currency circulation and making the investment demand relatively decline; Lower interest rates will reduce the cost of corporate loans, stimulate loans, expand the scale of bank loans, increase the amount of money in circulation, and increase investment demand. It can be seen that the adjustment of loan interest rate mainly controls the demand of money and society for investment by adjusting the loan amount. (2) Exchange rate, also known as exchange rate, is the exchange rate between two currencies. 1, the significance of exchange rate fluctuation: foreign exchange rate rises, foreign currency appreciates, and local currency depreciates; Foreign exchange rate decreases, foreign currency depreciates, and local currency appreciates. 2. The impact of exchange rate changes on the economy is mainly manifested in import and export. (1) A concrete analysis of currency appreciation. After currency appreciation, the price of export commodities will increase and the price of import commodities will decrease accordingly, which will lead to a decrease in exports and an increase in imports, thus adversely affecting the balance of payments. Currency appreciation worsens a country's foreign trade environment, leading to a decline in domestic production, an increase in unemployment and intensification of domestic contradictions. The appreciation of the domestic currency reduces the country's foreign exchange reserves or the funds returned from foreign exchange to the domestic currency. (2) Specific analysis of currency depreciation. Conducive to increasing domestic exports and reducing imports; It is conducive to attracting foreign tourists, expanding the development of tourism, and helping domestic enterprises "go global". The currency depreciation of major industrial countries will affect the trade balance of other countries, which may lead to trade wars and exchange rate wars. Exchange rate changes in major industrial countries will also cause turmoil in the international financial field. (3) The significance of keeping the RMB exchange rate stable: it is conducive to the sustained and stable economic and financial development of China and neighboring countries and regions, and fundamentally, it is conducive to the stable economic and financial development of the world.