综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Central bank to rein in money flow

By Xin Zhiming (China Daily)
Updated: 2007-02-10 09:25

The central bank will use multiple tools, including the interest rate, to improve monetary control and rein in excess liquidity.

Related readings:
 A shares: a resting bull or a bursting bubble?
 China to raise interest rates once or twice this year
 Money supply in line with trend

"(We will) use the interest rate in a flexible way and ... gradually bring out the important role of prices in monetary regulation," according to its monetary policy for the fourth quarter of 2006 posted on its website on Friday.

The People's Bank of China said in the report the inflationary pressure was "on the rise", compared with its outlook for the third quarter that inflationary pressure "remained".

It warned that pressure from rising prices was increasing.

Analysts said the central bank may raise the interest rate as the consumer price index (CPI) continues to rise.

The annual CPI growth for 2006 was 1.5 percent on the previous year, but it was 2.8 percent for December, raising concern that the central bank may take measures in the coming months.

Stephen Green, senior economist with Standard Chartered Bank, told the Chinese-language press on Wednesday that there is an 80 percent possibility the bank will raise the rate by 27 basis points in the first half of the year.

Shanghai-based Shenyin and Wanguo Securities said in a recent report that the central bank may raise the rate soon after economic and financial statistics are released in mid-February.
12  

(For more biz stories, please visit Industry Updates)



海南省| 甘孜县| 新干县| 景德镇市| 丹寨县| 垫江县| 伊金霍洛旗| 祁门县| 天津市| 洛阳市| 武强县| 黄梅县| 平昌县| 时尚| 濮阳县| 昌吉市| 乐平市| 临朐县| 惠水县| 什邡市| 泰顺县| 陈巴尔虎旗| 镇雄县| 五家渠市| 法库县| 黄大仙区| 上林县| 缙云县| 阿拉尔市| 泽州县| 太仆寺旗| 惠来县| 宾阳县| 福安市| 和平县| 邯郸县| 漳平市| 壶关县| 仁化县| 黎平县| 泰来县|