The governor of the central bank just announced two things at the press conference:

First, the central bank is about to reduce the deposit reserve ratio and policy interest rate. In other words, the central bank will clearly implement the large-scale water release mode.

Second, reduce the interest rate of existing mortgages and unify the minimum down payment ratio of mortgages. It is expected that the average reduction in the interest rate of existing mortgages will reach 0.5%, and the down payment ratio will drop to 15%. This is also the government's ultimate move to stimulate the real estate market.

In other words, the current logic of the Chinese government is: to stimulate the real estate market through the large-scale water release of banks. #加密市场反弹 #USDT市值创历史新高 #美联储宣布降息50个基点 #哈里斯支持数字资产 $BTC $ETH $BNB