Central Bank: Cut the interest rates of various structural monetary policy tools by 0.25 percentage points

According to Jinshi Data, on January 15, at a press conference held by the State Council Information Office, the spokesperson and vice president of the People's Bank of China, Zou Lan, stated that the interest rates of various structural monetary policy tools would be lowered by 0.25 percentage points, with the one-year interest rate for various relending facilities reduced to 1.25%, and the rates for other terms adjusted accordingly. The structural tools will be improved and support will be increased to further assist in the optimization of economic structure transformation.