Central Bank: Seize the opportunity to lower reserve requirement ratios and interest rates

Golden Finance reported that the Monetary Policy Committee of the People's Bank of China held a regular meeting in the first quarter of 2025. The meeting studied the main ideas of the next stage of monetary policy and suggested increasing the intensity of monetary policy regulation, improving the forward-looking, targeted, and effective nature of monetary policy regulation. Based on the domestic and international economic and financial situation and the operation of financial markets, the reserve requirement ratio and interest rate should be lowered at the appropriate time. Maintain sufficient liquidity, guide financial institutions to increase their monetary and credit lending efforts, so that the scale of social financing and the growth of money supply match the expected targets of economic growth and overall price levels. Strengthen the guidance of the central bank's policy interest rates, improve the transmission mechanism of market-oriented interest rates, give full play to the self regulatory mechanism of market interest rate pricing, and strengthen the implementation and supervision of interest rate policies. Promote the reduction of comprehensive financing costs in society. (Golden Ten)