????:1?????????:??????6???

2??????????

3??????????

4?????

5??????????

?? ??????????:?????????

????????LPR????,?????????????

2024?????6??20?????????????,???????LPR????:1??3.45%,???????3.45%;5???3.95%,??3.95%?

6??????19????,?????????????????,?????????????(LPR),???????????,?LPR?????????????????,???????????

??????????,???????,????????????????????????,?????LPR???????????????

??????????,??????LPR??????????

LPR??????

??????????????????????,??LPR?????????

6????MLF????,?????????LPR????????????????6????17????????????,???????????1820????????1?????????MLF??????,???????????????????2.50%?????????

??????,?????????,6???,??????LPR?????????????

??????,???LPR??????????

2024?????????,??1.54%,?15bp,????????20bp,???????????????,?????????????????????????????????????1.47%?1.62%?1.45%?1.72%,????????15bp?14bp?12bp?18bp,?????????????

??????????????????????????2?????,5????????????????LPR???????25bp,?????????????,????,??????;?????????????????,“????”????????????,????????????

????????????,??,?????????????????????????????????????,??LPR?????????

5???????????????3.71%????????3.64%,?????????25???????57?????,????4????????33??,?????????3???2???5??????????

????????????,??????????????,??????,???????????

????,???????????,LPR?????????,?????????????????

????????????,??,?????????????,???????,??????????????????????,????????????????????????????,???????,??????,?,?????????????,????LPR??????“???????????”,??????????????,??

????

???????????,????????????????????????,??????,?,LPR?????????

?????????????,?,??LPR??????????

???,??????????,?????????????,??,????????????????LPR??????????,??????????,??????????,?????

????,????GDP??????????????-1.1%,???????,??,????????,????????????????????????,???LPR?????????,??

????,????????????????????????????LPR??????:??MLF????,???????????????????LPR?????;??????MLF????,??,????LPR??????,??????????????LPR?????????????????

????,LPR??,??????? ????????????????????,??,?????????????????????????,?????????,?,???LPR???????????????????????,??????????

???LPR?????????????

LPR?????

?????????,??????????????,????????????LPR?????????????????????,LPR??????MLF???

?????????????,LPR????(????1??MLF?????????)??????????????????,?????????????????????????????????

???????????,????“???????????”,????“?????(LPR)”“???????????LPR????”??????????????,????????LPR???????MLF???????

???????????,“???????????????”,????LPR?????????????,????????“?????????????????????????????????????????????????????????”???????????????,??,??????????????????????????,??,?????????LPR??????

??????????????????,????????????,??????????:????????????,?????????????LPR?,??????????????????????18?20???????????????;????,??????????????,?????,???????????????????? ??:???????????