Interest rates have been cut! They've been cut again! Brothers, this time the cut is on deposit interest rates. Money in the bank will earn less interest now!

The 1-year interest rate has been lowered from 0.95% to 0.6%; the 2-year rate from 1.05% to 0.7%; the 3-year rate from 1.25% to 0.9%. The 5-year fixed deposit is no longer available for sale.
The central bank's intention is very clear: tell everyone not to save money, but to spend it—buy a house, invest in stocks, don't keep money in the bank, as the interest is no longer attractive.
Lowering deposit interest rates also creates room to lower loan interest rates. As soon as the U.S. cuts rates, we can follow immediately. In fact, we might even cut rates before the U.S., since the RMB is appreciating now and there's no pressure to defend the exchange rate.
A flood is coming, and money will lose value. It's time to convert cash into assets.
Stocks or real estate, which asset would you choose? Brothers, come and share your thoughts in the comments. #Gate现货衍生品双双冲进全球前三