The impact of not adopting monetary policy

Maintain financial stability. Monetary policy has always been the main means of regulation, but both interest rates and down payment have been fluctuating, which seems to be very powerful, but the effect is not good. In the absence of monetary policy, non-traditional monetary policy can significantly reduce the interest rates in the money market and bond market and maintain financial stability. With the continuous use of tools, the implementation effect is diminishing marginally.