Jan 18, 2022 07:00 PM (GMT+8) · EqualOcean
The economic daily commented that it is necessary to clarify the relationship between the "interest rate cut" and the real estate market. The "interest rate cut" has two main purposes: first, the Spring Festival is approaching, which aims to smooth the liquidity during the Spring Festival; Second, reduce the capital cost of financial institutions, guide financial institutions to reduce the credit cost of the real economy, and promote the countercyclical regulation of monetary policy. The "interest rate cut" can not further deduce that the mortgage market and real estate market are about to pick up.