Interest rates: a global spoke the "delaying" tactics.

<P> 7 6, Reserve Bank of Australia announced that it will maintain the benchmark interest rate unchanged at 4.5%, which is the second consecutive month, the Australian central bank kept interest rates unchanged. .Half of 2010 has passed, the global view of the economic recovery seems to become more pessimistic, the market expectations for Fed rate hike is also increasingly Dodge. .The interest rates yesterday as "militants" is not the Australian central bank rate hikes, it seems that further declare the global interest rate cycle starts lagging. .</ P> <P> hike blocked </ P> <P> If you said that the European sovereign debt crisis led to the continuous evolution of Australian central bank rate hike in June to stop the direct factors. .Then in the second half, the United States and China began to show signs of slowing economic growth is undoubtedly the Australian central bank to stop raising interest rates this month, the main external factors. .</ P> <P> "in the second half, China's GDP growth will be slowing down, will not occur again in the first half as the rapid growth of more than 10%. And in recent months from the manufacturing purchasing managers index (PMI .) point of view, the purchase of raw materials prices fell on a large number of Australian commodity exports to China, no doubt, is a major disadvantage. "a banking industry analyst on the" International Finance News "reporter pointed out that" in recent days, the market .The response of European sovereign debt crisis gradually subsided, and the U.S. weak economic data, particularly to improve the employment situation is no cause of the global economy are second bottom of the doubt. In this international environment, Australia's central bank to stop raising interest rates move .entirely within the market expected. "</ P> <P> Westpac senior economist Andrew Lu Hanlan said the Australian central bank's policy interest rates unchanged at least to maintain the August policy meeting, its second-quarter .CPI will be announced July 28 that its interest rate decision will be an important factor in the resolution. .Yesterday, Australia's central bank also pointed out that the recent CPI growth is likely to exceed 3% in 2011, underlying inflation will be in the first half of the expected range. .</ P> <P> from October 2009, the Australian central bank has been raising interest rates six times, and in the end of May announced that interest rates have returned to average. .However, this series of rate hikes seems to result in Australia's domestic retail sales and real estate market cooling. .</ P> <P> also see inflation </ P> <P> 7 5 March, Bank Indonesia as the basic interest rates unchanged at 6.5%, while the market for the upcoming Thursday the European Central Bank and the Bank of England .resolution does not hold any interest rate hike expectations. .</ P> <P> "Europe and the United States Government's high fiscal deficit, and the lack of momentum of economic recovery, will undoubtedly result in emerging markets including China, the collective economy the central bank to raise interest rates to postpone the process." The analyst said. .</ P> <P> "in the current crisis in Europe, has spread from the sovereign debt case to the European banking sector, the European Central Bank to raise interest rates without any power." Vice president of Sun Lijian of Economics, Fudan University, "International Finance ."reporter pointed out that" the U.S. government has been insisting to ensure that the economic recovery as a primary objective, it is difficult to have the Fed raising interest rates during the move. "</ P> <P> Sun Lijian further held that:" For the European Central Bank is concerned, .changes in monetary policy should be pegged to a single target for inflation. "</ P> <P> However, the inflation rate is still the country to decide whether or not an important reference interest rate target. .The analyst pointed out: "Once Australia's second-quarter CPI rose by more than the maximum monetary policy lock, 3 August the Australian central bank will start raising interest rates again." </ P> <P> Similarly, analysis of Singapore's Oversea-Chinese Banking .Master Xie Dongming said: "Although the current inflation rate in Indonesia, 4% -6% of the moderate range, but will gradually increase inflationary pressures, the central bank will be expected to raise interest rates twice in the end of the year to 7%." </ .P> <P> and China, the relative heat has subsided as the economy, interest rates look increasingly weakening demand. ."China's central bank rate hike is indeed the year is declining, but mainly to see the inflation situation. Once the CPI exceeded for two consecutive months, or reach 3%, the central bank to raise interest rates will move." But the analysts also pointed out that "China .The Government is actively prevent and control inflation, estimated during the year no serious inflation, the central bank during the year will only have a more symbolic interest rate, and is likely to raise the deposit interest rate is only unilateral. "</ P>.