Central bank: the recent reduction in deposit interest rates is mainly a supplementary reduction by small and medium-sized banks that did not adjust last time.

(central Bank: the recent reduction in deposit interest rates is mainly a supplementary reduction by small and medium-sized banks that did not adjust last time)-- at a press conference held by the central bank, Zou Lan, director of the Monetary Policy Department, pointed out that some banks have cut deposit interest rates recently. it is mainly a supplementary reduction by small and medium-sized banks that did not adjust last time. "the distribution of investment by corporate residents between financial instruments such as time deposits, wealth management products and bonds is not expected to change significantly." Zou Lan said: under the circumstances that market interest rates have dropped significantly as a whole, commercial banks will flexibly adjust deposit interest rates according to changes in market supply and demand and comprehensive consideration of their own operating conditions. the adjustment range, rhythm and timing of different banks will naturally be different. This is a normal phenomenon in the market-oriented environment of deposit interest rate. (shell Finance)