According to Jinshi, the U.S. Federal Reserve recently launched its first interest rate cut since March 2020, and the U.S. dollar deposit rate has become the focus of market attention.

The reporter learned from his visit that many banks have recently lowered their US dollar deposit rates, with the reduction ranging from 10 basis points to 50 basis points, mainly involving some joint-stock banks and small and medium-sized banks.

Judging from the current situation of US dollar deposit interest rates in the market, US dollar deposit interest rates have gradually entered the "4-digit" era. The reporter also learned from many commercial banks that banks may continue to lower US dollar deposit interest rates in the future.