Tuesday, January 11, 2011

Repress inflation


Author:Once Wang Hao of Wei Kang
(Responsibility editor:Yellow sea)
This report Peking gives or gets an electric shock(reporter is farmland handsome glory) a central bank website to publish a central bank survey to statistics to take charge of department chief today on December 29 prosperous loose become of article said, should speed an interest rate market to turn a step, basic in the lending rate from can allow deposit rate to float certain range upward under the circumstance that the market decides.Floating on the deposit rate can be having hard stipulation of finance to make experiements in the conditional financing institution first, gradually willing add an interest expectation the change is list price in the market.Thus, since contribute to a change negative interest rate status, repress inflation, also can effectively push forward an interest rate market to turn, promote the reasonable allocation of resources.

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