Delay in real estate prices down,UGG bailey button, this situation is the most effective means of interest rates; This is not the same in 2007-2008. Short-term upward pressure on the RMB
19 evening, the Ministry of National School of Administration policy advice and livelihood security researcher Wang Xiaoguang, vice president and chief economist, told reporters that while Teng Tai, this time to raise interest rates further to curb property prices continue to rise. the fact that on, after the central bank has been used four times, the reserve means, but the real estate regulation and inflation has not had a noticeable effect.
the face of increasingly narrow the number of monetary policy, interest rates have become the last resort option.
why central banks choose in the third quarter before the release of macroeconomic data, start raising interest rates? the central bank's Monetary Policy Committee member Li Daokui that the current inflationary pressures The concern is that the central bank choose this time to an important reason for raising interest rates,cheap UGG boots, after the September CPI is widely expected to be as high as 3.7%, If so, CPI to 3% for three consecutive months during the year stood above the control objectives.
monetary tightening signal, this signal can an enterprise to adjust its investment and consumption, the only way the real economy indicators towards possible regulation of the monetary authorities want to target close to, or only occasional style, the practical effect of the policy will be very small. less direct, the price needs to adjust the interest rate a transmission mechanism, in need of financial enterprises and households, including the principal, including changes in behavior, so as to affect the rate of money supply.
Chinese Academy of Social Sciences Institute of Finance, Director of China Center for Economic Evaluation of Liu Yuhui to this reporter expressed the hope that monetary policy can play a central bank tightening of monetary policy announcement The Government's determination to resolutely curb inflation. 剑指 inflation and price
United States and Japan are all quantitative easing monetary policy, interest rates representative only of India and Australia, as the second largest economy, interest rates, interest rates have symbolic significance in China, which means that China has 2008 out of a state of crisis, monetary policy back to normal.
< p> To some extent, affect the policy of the United States, Europe and Japan will urge the Americans responsible for the dollar. If the international community has been the quantitative easing monetary policy, China's RMB exchange rate, export industry is very negative, Tengtai recommendations , more rational approach is to raise interest rates after a period of time the deposit reserve rate cut as soon as possible, the adverse effect of interest rate hedging. (21st Century Economic Report)
Tengtai analysis, since the RMB and U.S. dollar interest rate differential between the expansion, resulting in further increase pressure on appreciation of the renminbi, to further accelerate the appreciation of the renminbi, while against the overseas market.
10 7 19 evening, the People's Bank of China announced that from October 20, 2010 from financial institutions raised the benchmark deposit and lending rates. The one-year deposits benchmark interest rate by 0.25 percentage points, from the current 2.25% to 2.50%; one-year benchmark lending rate by 0.25 percentage points, from the current 5.31% to 5.56%.
after the last time the central bank to raise interest rates in December 2007, 2008, China cut into the channel, has cut interest rates five times.
Insiders pointed out that the central bank and other years for the one-year deposit and lending rates to adjust the different approaches, reflecting the central bank faced with inflationary pressures, asset prices and the slowdown in economic growth between the multiple choice.
in Liu Yuhui seems, if market players can try to figure out the monetary policy decision-making factors behind the words, the effect of monetary policy will greatly discount; and after repeated use of central bank reserve ratios, did not achieve good results, Oct. 11, including the four major state-owned bank for the two joint-stock banks and commercial banks, six banks, including raising the deposit reserve rate differential,UGG boots cheap, but also makes the short term the market is not expected to raise interest rates.
sufficient to allow the market to believe that this is the start of monetary policy tightening, but also follow-up observation, whether this is the turning point of a major policy adjustments. expected.
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