中國央行21日宣布降息，這是其逾兩年來首次調低存貸款利率，這一意外之舉引發各大外媒關注。外媒普遍認為，中國未來可能步入降息周期，朝著進一步放開存貸款利率的方向邁進。并指出，此次降息給了投資者信心，對于全球市場有提振作用。

中國將步入降息周期？

美國《華爾街日報》表示，中國央行做出了逾兩年來的首個降息決定。這顯示出，中國領導層正傾向于采取更大規模的措施來提振經濟增長。

路透社援引一位經濟學家的觀點稱，央行應當在準備進一步降息，因為中國已經進入降息周期，降準也有可能。

美國《紐約時報》發表評論文章稱，中國意外降息舉措給了投資者信心。一些經濟學家和分析人士指出，此次降息將很可能帶來更多的刺激性經濟舉措。


《華爾街日報》報道稱，總體而言，這是中國朝著貨幣政策逐步正常化邁進的一步。更中長期來看，很明顯這是一個好事，但從時機的角度來看，完全出乎意料。

降息對全球市場有何影響？

降息將會造成哪些國際影響？《金融時報》指出，從國際格局而言，資本市場的互動影響并未隨著全球化退潮而減弱。對于中國而言，降息直接影響匯率，而匯率變化又影響不同的利益主體：一直追隨美元走勢的人民幣也隨之強勢，這對出口企業形成了強大壓力。而如今降息可能讓投資者拋售人民幣，有可能減緩甚至逆轉人民幣的升值勢頭 ，這一方面將會有利于中國出口，另一方面央行必須十分警惕可能存在的潛在資本外流壓力。

《華爾街日報》也指出，降息對全球市場有提振作用。市場對此作出了劇烈的反應，全球各地的油價、金價、銅價、股市和商品貨幣紛紛大幅走高。

路透社則進一步分析道，中國降息舉措或終結人民幣升值進程，未來波動可能加大。（中國進出口網）

People’s Bank of China announced interest rate cuts on the 21st, which was the first time in more than two years to reduce its deposit and lending rates, this triggered major foreign media attention. Foreign media generally believed that China may be entering the next rate cut cycle towards further liberalization of deposit and lending rates, and pointed out that the rate cut gave investors confidence and would boost the global market.

Will China enter a rate cut cycle?

"Wall Street Journal" reported that People’s Bank of China has made in more than two years, the first rate cut decision, which showed that Chinese leaders were inclined to take more steps to boost economic growth.

Reuters quoted an economist as saying PBOC should be prepared to cut interest rates further, because China has entered the rate cut cycle, the RRR cut was also possible.
"The New York Times" issued a commentary saying that China’s unexpected interest rates cut gave investors confidence. Some economists and analysts have pointed out that the rate cut would be likely to lead to more irritation economic initiatives.


"Wall Street Journal" reported that, overall, this was a step of a gradual normalization of monetary policy. In a long term, clearly this was a good thing, but in terms of timing, it was totally unexpected.

What does the interest rates cut impact on the global market?


What international influence the interest rates cut will cause? "Financial Times" pointed out that from the international situation, with the low tide of globalization the interaction impact of the globalization of capital markets has not diminished. For China, the interest rates cut directly affected the exchange rate, which will affect the different stakeholders: followed the dollar, the yuan will also be strong, which is a strong pressure on the export business. Now interest rates may allow investors to sell the yuan, it is possible to slow down or even reverse the momentum of the yuan's appreciation, which in this regard will be conducive to China's exports, on the other hand PBOC must be very vigilant of the potential capital outflow pressure.

"Wall Street Journal" also pointed out that interest rates cut would boost the global market. Market participants made a violent reaction, oil, gold, copper, stock market and commodity currencies around the world have sharply go higher.

Reuters further analyzed, the interest rate cuts may terminate the process of the appreciation of RMB, volatility may increase in the future.