Zou Lan, Director of the People's Bank of China's Monetary Policy Department: On the basis of reducing the deposit reserve ratio by 0.5 percentage points, it will further reduce it based on the market liquidity conditions within the year.
The Political Bureau of the CPC Central Committee held a meeting on September 26 to analyze and study the current economic situation and deploy the next steps for economic work.
The Renminbi exchange rate has performed strongly, and the "currency exchange + time deposit" products are favored.
Industry insiders believe that the exchange rates of the Renminbi are expected to continue to maintain a strong trend, and Renminbi investment products that are safe and offer high returns will attract more attention.
Swiss Central Bank Makes Dovish 25bps Rate Cut; More to Come, Notes ING
The Swiss National Bank persists in steadily lowering interest rates to curb the strength of the Swiss franc.
The Swiss National Bank has lowered the policy interest rate by 0.25 percentage points to 1.0% to address the easing of Swiss inflationary pressures. The central bank also warns that if necessary, more measures will be taken to curb the strength of the Swiss franc.
The Swiss National Bank announced the third interest rate cut this year, indicating that there may be further rate cuts in the future.
Considering the steady decline in inflation, the Swiss National Bank announced a 25 basis point rate cut to 1%, and lowered its inflation expectations for the next three years, stating that it would intervene in the forex market when necessary.
Swiss Central Bank Delivers Third Straight Rate Cut -- Update