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China's central bank may soon opt for more easing moves as the United States is poised for an interest rate cut cycle, as headwinds are emerging amid efforts to stabilize domestic economic momentum, analysts said on Wednesday.

9月18日，专家表示，美国稳定国内经济增长势头的举措遭遇逆风，即将进入一个降息周期，为此，中国央行很快就能有更宽松的选择空间。

Possible measures include a reduction in the reserve requirement ratio — the proportion of deposits banks must keep as reserves, or a cut in lending rate benchmarks and mitigation in financial burdens of outstanding mortgages, they said.

可能采取的措施包括降低存款准备金率——即银行必须作为准备金储存的存款比例，降低贷款基准利率，以及减轻未偿还抵押债款的债务负担。

"We anticipate that China is entering a key period for monetary policy, in which the probability of cuts in the RRR and interest rates as soon as possible is increasing," said Wu Chaoming, deputy director of the Chasing International Economic Institute.

逐际经济研究所副所长吴超明表示：“我们预计中国正在进入调整货币政策的关键时期，在这个阶段，尽快降低存款准备金和利率的可能性正在增加”。

"Measures such as intensified use of structural tools and reduction of existing home loan rates are also worth looking forward to," Wu said.

吴超明说：“结构性工具的深化运用和现有房贷利率的下调，都值得期待”。

The US Federal Reserve's shift in policy stance will create more favorable conditions for China to cut interest rates, Wu said, adding that domestic factors also point to the rising possibility of rate cuts, including insufficient demand, weakening momentum of month-on-month economic growth and elevated real interest rates.

吴超明还表示，美联储政治立场的转变将为中国降息创造更有利的环境，并且我国需求不足、月度经济增长势头减弱和实际利率上升等国内因素也增加了降息的可能性。

He added that the necessity has significantly increased for an RRR cut in the near term, which would coordinate with strengthening fiscal support, alleviate pressure on commercial banks and mitigate the impact of a large volume of maturing medium-term lending facilities on market liquidity.

此外，为与强化的财政支持相协调、减轻商业银行的压力，以及缓解大量中期借贷便利到期对市场流动性的影响，近期内降低存款准备金率的必要性显著增加。

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