Analysis Of The Impact Of Monetary Policy On A Rural Commercial Bank

It is one of the responsibilities of the central bank to formulate monetary policy.The central bank uses monetary policy tools to exert effects on operational targets,and influences intermediate targets through operational targets,so as to eventually cause changes in various indicators in the economy and achieve the ultimate goals.In recent years,China is in a period of transition between the old and new drivers of growth.The people’s bank of China keeps innovating the types of monetary policy tools,promoting the reform process of interest rate liberalization,guiding financial institutions to increase support for specific areas,and giving full play to the role of finance in regurgitation of the real economy.In the process of policy transmission,the implementation degree of the central bank branch on the policy will affect the final effect of the policy.In the current situation of abundant liquidity,to solve the problem of difficult and expensive financing of the real economy,we must open up the transmission mechanism of monetary policy and enhance the support for the real economy.This paper starts with the basic theory of monetary policy and introduces the basic mode of monetary policy transmission.Taking xinyu for example,the structure of different banking institutions in recent years,credit,credit increment and the change of interest rates in transverse and longitudinal comparison,analysis of the central bank branch of monetary policy with the effect of whether a particular policy,verify whether the central bank money is to be guided the effect of credit flow,reduce the enterprise financing costs.The problems in the conduction mechanism are analyzed,the reasons for the weakening of conduction effect are analyzed,and the practical improvement schemes are discussed.It proposes to expand the scope of qualified collateral,innovate incentive methods,and guide financial institutions to reduce financing costs of small and micro enterprises by supporting small re-lending.Introducing fiscal funds to enhance financial support for poverty alleviation;Use law enforcement inspection to strengthen the use management of targeted reserve reduction funds to ensure the effective effect of targeted reserve reduction policies;The Suggestions of establishing the whole process supervision of the central bank’s funds and making the central bank’s funds fully realized are of certain reference value to the daily work of the central bank.This paper adheres to the combination of theory and practice,comprehensively uses relevant theories to elaborate the transmission path of monetary policy,analyzes the changes of grassroots credit structure caused by specific monetary policy tools,and demonstrates and explains with a large number of data and examples.Through data comparison and analysis of the current monetary policy in the process of problems,and from the actual work,put forward relevant recommendations and conclusions.