Does the central bank's reduction of RRR interest rate have an impact on commodities? The reduction of RRR interest rate by the central bank has had an impact on commodities. In the first half of the year, commodity prices rose sharply and fell sharply, and small and micro enterprises suffered serious losses. Small and micro enterprises play a very important role in the domestic employment structure. The main purpose of this RRR cut is to support small and micro enterprises to improve.

Earlier this year, China's monetary policy normalized, leaving more room for operation, which is also the basic condition for the central bank to comprehensively reduce RRR. Since the beginning of this year, the prices of some commodities have continued to rise, and some small and micro enterprises are facing operational difficulties such as rising costs. China's adherence to monetary policy and increased support for small and micro enterprises can keep the liquidity of funds reasonable.

In addition, on the afternoon of July 9th, Bank of China announced a comprehensive RRR cut, releasing trillions of medium-and long-term funds. This was the first RRR cut since June 5438+ 10, 2020, and it was a directional RRR cut that exceeded market expectations.

The RRR cut is good for commodities. The RRR cut by the central bank can ease the financial pressure, and banks will relax loans to small and micro enterprises, which will increase market liquidity and help enterprises reduce costs and increase efficiency.

Summary: the RRR cut by the central bank has an impact on commodities. Since the beginning of this year, the prices of some commodities have continued to rise, and some small and micro enterprises are facing operational difficulties such as rising costs. China adheres to the monetary policy, increases its support for small and micro enterprises, and keeps the liquidity of funds reasonable.