Deposit rates have dropped again!
Isn't everyone a little numb when they hear the news?
To be honest, I'm numb as a practitioner in the financial industry!
If I'm not mistaken, this year is already the fifth rate cut:
The first time was in April, when small and medium-sized banks cut interest rates
The second time was in June, when several major banks collectively adjusted interest rates, and the three-year interest rate was increased from 26% to 245%；
The third time was in September, when several major banks lowered their deposit rates to 22%；
The fourth time was in November, when small and medium-sized banks followed the pace of several major banks and lowered them again, with a reduction of between 10 and 40 basis points
The fifth time is this time, ICBC took the lead in releasing the three-year fixed deposit, which was reduced by 25 basis points to 195%！
Now look back at the year;
The three-year deposit rates of the five major banks have increased from 2 at the beginning of the year6% down to 195%；
Even though we would have thought that we would cut interest rates and reserve requirements, we did not expect to cut so much
Directly let the deposit enter the era of the "1" word!
Will interest rates continue to fall in the future, will they continue to fall, and will they even enter an era of negative interest rates?
When announcing the interest rate cut, ICBC issued a relevant explanation on adjusting the deposit interest rate
This sentence is more official, and I will tell you according to my understanding:
The loan interest rate has dropped, and my deposit interest rate is still so high, what can I do to make money!
The main income of the bank is the interest rate spread;
In the past two years, due to the impact of the general environment, the economy has been relatively sluggish, and many people are reluctant to spend money and prefer to save money
And interest rate cuts can boost consumption to a certain extent;
On the one hand, the interest rate cut is the loan interest rate, and the loan interest rate will be reduced, among which personal loans and corporate loans will be reduced a lot, for example, my personal mortgage was originally 58% and now 43%, 10% less every month;
Another aspect of the rate cut is the deposit rate, which has been at a record high in the past two years
I'm dragging my feet anyway!
Lowering interest rates can reduce everyone's enthusiasm for saving money!
The above is the essence of our frequent interest rate cuts in the past two years.
It is hoped that the economy will be stimulated by adjusting interest rates
Let the enterprise economy improve, there will be more jobs, and the people will definitely consume when they have money in their hands!
From the point of view of economic development: it will continue for a long time!
Interest rates reflect the return on investment and are positively correlated with GDP
When our economy is growing rapidly, there are more opportunities, there are more investment returns, and interest rates will naturally be higher;
When a market economy is relatively mature, it will face marginal benefits, and the return on investment may not be so high;
From the perspective of the history of interest rate development, the downward trend of global interest rates is the general trend;
There may be a short-term rate hike, but the overall downward trend will not change.
First of all, my friends who have a mortgage can save money for a hot pot every month like me
The second is friends who have deposits, which I divide into two situations:
1.Deposit 50,000.
On a triennial basis, 2The interest rate of 6% is 3900 yuan;
It becomes 195%, the interest is only 2900;
There is a gap, but it is 1,000 yuan in 3 years, and you can comfort yourself and eat hot pot three times less
2.Save 500,000, or 3 years.
2.6% interest rate, 3 years later90,000 interest;
1.95% simple interest, interest is only 2950,000;
The interest is almost 10,000 yuan, how many times do I have to eat hot pot less!
If you save more, the difference in interest will be even greater
Therefore, friends with more deposits are looking for ways to avoid the impact of falling interest rates
There was even a time when special forces deposits appeared.
For the money used in 3-5 years, you can consider choosing a joint-stock bank or local bank with a relatively large scale in addition to a few major banks, and the interest rate will be relatively higher
You can also consider large certificates of deposit and treasury bonds, and the interest rate will be relatively high
However, these measures can only solve the short-term problems, and it is difficult to alleviate the anxiety caused by the decline in interest rates
It is still necessary to find a tool that can lock in future long-term interest rates, which is an effective way to fight interest rate cuts.
At present, what can really guarantee principal and interest is still: fixed deposits, treasury bonds, and savings insurance.
And in this, savings insurance (represented by increase and pension) not only has a much higher income, it can lock in the advantage of interest rates, and as interest rates fall, his advantages will become more obvious!
The same is 500,000, which are placed in large certificates of deposit and increased longevity products to see how they earn
Certificates of Deposit: According to CCB's current 3-year certificates of deposit235 to calculate, 3 years of income of 35,250 yuan, after the interest rate every 3 years reduced by 03%, and the minimum is reduced to 15%, and the principal and interest are 813799 yuan in 30 years;
Increase life: Take the recent more popular increase more than 5 as an example, within 7 years is a closed period, there is no income, from the 8th year, the income rises sharply;
In the 9th year, the increase in the number 5 will be nearly 40,000 more than the large certificate of depositIn the 15th year, there will be 100,000 more, and in the 30th year, there will be 370,000 more
This is the advantage of increasing the life expectancy and locking in the future long-term interest rate!
According to the current situation, interest rates are bound to fall for a long time and continue to fall, for friends who have a certain amount of savings, friends who are more affected, or make some preparations in advance, choose tools that can lock in interest rates, and try their best to resist the impact of interest rate declines.