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Today, China's central bank continues to make big moves! This easing monetary policy suggests that A-shares, precious metals, and #BTC are set to soar!
Central Bank: There is still room for RRR cuts and interest rate cuts this year
Central Bank: Will lower the interest rates on various structural monetary policy tools by 0.25 percentage points
Central Bank: Increase the re-lending quota for supporting agriculture and small businesses by 500 billion yuan, with a dedicated re-lending quota of 1 trillion yuan for small and medium-sized private enterprises within the total quota
Central Bank: Increase the loan quota for technological innovation and technological transformation from 800 billion yuan to 1.2 trillion yuan
Central Bank: Lower the minimum down payment ratio for commercial housing loans to 30%