[What is the impact of the new LPR remaining unchanged? Experts: The interest rate cut is expected to be implemented in the fourth quarter] According to Jinshi Data on September 20, the LPR remained unchanged in September. After the Fed’s interest rate cut, the inverted interest rate gap between China and the United States narrowed, the pressure on the depreciation of the RMB exchange rate eased, and the operating space of my country’s monetary policy widened accordingly, but it does not mean that the central bank must cut interest rates immediately. Wang Qing, chief macro analyst of Orient Securities, pointed out that considering the economic and price trends in the future period, as well as the macro policy orientation, it is expected that the central bank is more likely to cut interest rates by 0.1-0.2 percentage points in the fourth quarter. He also believes that the policy will further increase support for the real estate industry, and it is expected that the second round of interest rate cuts for existing mortgage loans will be launched, and the interest rates of newly issued residential mortgage loans will still have a large downward space. "This is the key to reversing expectations for the property market." (Securities China) (Reprinted from: Jinshi Data)