Yesterday, there were rumors in the market that Chinese banks are planning to once again lower deposit interest rates, with an announcement expected as soon as this week. Several banks, when asked by reporters, have not responded positively yet. However, some industry insiders mentioned the possibility of a recent deposit interest rate cut. An insider from a commercial bank told reporters that the bank originally planned to start further reducing deposit interest rates after the National Day holiday, but there has been no change for now. He expects that the regulatory authorities are more likely to guide banks in adjusting deposit interest rates in the near future. This is also to hedge against the impact of the upcoming downward trend in existing mortgage loan rates on banks' interest margins. (Caijing News)