The decline in monetary fund income is related to the interest rate cut by the central bank RRR, and it is also to promote market liquidity. Because the money supply is relatively sufficient at this stage, the income of the money market has also declined to varying degrees; This is also related to the new rules of the IMF. The new regulations of the Monetary Fund lead to a decrease in capital investment and a decline in income.
The yields of wealth management products such as bank wealth management, money funds and internet babies are declining, and investors are entangled.
The content of this article comes from: China Law Publishing House "The All-knowing Series of Common Sense of Legal Life".