[US dollar deposits enter the interest rate cut channel, 5% interest rate high ground gradually disappears] Jinshi Data reported on September 19 that the Federal Reserve decided to lower the target range of the federal funds rate to 4.75% to 5% on September 19 Beijing time, which is equivalent to reducing the interest rate spread by 50 basis points. After the interest rate cut was implemented, the reporter learned from many commercial banks that the US dollar deposit interest rate will continue to be lowered in the future. In fact, before the interest rate cut was implemented, many commercial banks had "rushed" to lower the US dollar deposit interest rate. Judging from the current US dollar deposit interest rate situation in the market, the interest rate above 5% in the past has gradually disappeared, and the US dollar deposit interest rate has also entered a downward channel. (Yicai) (Reprinted from: Jinshi Data)