????:1??????????:????

2?94?95?92?????

3???????

4???2023??

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??;??????,???,?????????????,?????????? ?????????????:??????????