The central bank is red, and who will benefit from the RRR cut and interest rate cut？
In the past two days, the financial market has been thundering and ushered in good news again. It is rare for the central bank to strike hard, and it is also a RRR cut and interest rate cut, which makes the investors excited. It can be said that it is a long drought and it is really dripping. Then, who will benefit from the central bank’s RRR cut?
Recently, the central bank suddenly announced a RRR cut, and the deposit reserve ratio was lowered by 0.5%, which can provide long-term liquidity to the market as high as 1 trillion yuan. At the same time, it also lowered the interest rates of refinancing and rediscounting for supporting agriculture and supporting small enterprises.
This RRR cut is rarely expected in the market, which is really an unexpected surprise. Even if someone had expected it, it is estimated that they would not have thought it would be so awesome.
Banks are undoubtedly the first to benefit from this RRR cut. Because lowering the deposit reserve ratio is equivalent to issuing money to the bank, which can make the bank’s vault more full. The bank’s pockets are bulging, and naturally it is more emboldened. As long as you lend all this money, you can earn more interest.
Then, what does it matter to the people that banks benefit?
We must know that the central bank’s RRR cut will not only affect the interest income of banks, but also affect the interest on deposits and loans.
The ultimate goal of the central bank’s RRR cut is not to give benefits to banks, but to provide impetus for economic growth. The driving force of economic growth depends on the encouragement of consumption, investment and export. Only by keeping pace with each other can economic growth be sustained.
In order to substantially encourage consumption, investment and export, it is necessary to reduce the deposit and loan interest rates of banks. Because banks, as the most important financing institutions, can’t escape the responsibility of cooperating with the central bank to achieve monetary policy goals. It is impossible for banks to earn all the benefits issued by the central bank.
Therefore, people who have loans in banks or intend to borrow from banks will benefit from the central bank’s RRR cut. However, the deposit interest rate may be further reduced, which is probably not good news for savers.
In the field of investment market, the stock market is undoubtedly one of the most profitable markets.
Before the central bank lowered the RRR and cut interest rates, the stock market was cool. The market index and many stocks were constantly hitting new lows, which was in stark contrast to the foreign stock markets’ record highs. Such a market was really depressing, and even many investors had already given up.
Therefore, the central bank’s choice to lower the RRR and cut interest rates at this time is definitely a timely rain for the stock market. At the same time, it also allows the stock market to fight back, greatly improving the morale of the stock market and investors. This may be the real bottom of the stock market.
Once the bull market opens in the stock market, it will not only make the pockets of hundreds of millions of investors swell, but all investment and wealth management markets related to the stock market will benefit.
Therefore, in the next period of time, ordinary people who hold stocks and related assets will have a better chance to share the benefits brought by the central bank’s RRR cut and interest rate cut. If you still don’t appreciate it after knowing it, then a wave of opportunities to make money may be missed.
In addition, there are a number of people who can benefit from it, that is, ordinary people who hold overseas RMB assets. Because overseas RMB assets are still eating domestic dividends and invigorating the domestic economy, these assets naturally have a chance to get a share.
Therefore, the central bank’s RRR cut and interest rate cut are all happy for investors. So, are you among so many beneficiaries?