Interest Rate Liberalization

The goal of interest rate marketization reform is to give full play to the market's decisive role in interest rates, thereby achieving continuous optimization of capital flows and resource allocation. Therefore, it is the focus of my country's new round of financial reform. Interest rate liberalization will have a broad and far-reaching impact on financial institutions and the real economy. "New Finance Book Series·Interest Rate Marketization" "Who's in Charge" comprehensively and systematically analyzes the impact of interest rate marketization on commercial banks, financial markets, non-bank financial institutions and the real economy. It also discusses the relationship between interest rate marketization reform and exchange rate marketization reform, capital and financial account opening, real factor price marketization reform and other related financial reforms from a macro level, as well as the macro risks it may bring. It points out that corresponding measures should be taken in financial supervision, monetary policy, fiscal and taxation policies, key area regulation and related system construction to ensure the smooth advancement of interest rate marketization and the stable operation of the entire financial system.