Wang Qing: It is expected that the central bank will continue to cut interest rates in the second half of the year

May 21 news, looking forward to the later stage, Wang Qing, chief macro analyst of Oriental Jincheng, said that the current external environment is still facing great uncertainty, and the domestic policy of stabilizing growth cannot be relaxed. It is expected that the central bank will continue to cut interest rates in the second half of the year, which means that there is still room for downward adjustment in the LPR of the two maturity varieties during the year. In Wang Qing's view, lowering the policy interest rate and guiding the LPR downward will drive down the loan interest rates of enterprises and residents more significantly, reducing the financing cost of the real economy. This is an important force for expanding investment and promoting consumption at this stage. It will also help to alleviate the current high real loan interest rates of enterprises and residents after factoring in price factors, and stimulate the endogenous financing demand of enterprises and residents.