Thursday, December 23, 2010

"Loose" Bie Yinan interest rate "no period".

<P> "Tightening" just probe heads to be ruthlessly fought back. .August 3, Reserve Bank of Australia announced that it will maintain the benchmark interest rate unchanged at 4.5%, which is Australia's central bank kept interest rates unchanged 3 months. .The same 1% of the same record, the European Central Bank, or will remain 15 months. .</ P> <P> frequently in the economic data, "bad-mouthing" of the situation, not only the world's major central banks to raise interest rates more show the hopeless, the duration of loose monetary policy will be unexpectedly long. .Yesterday Fed Chairman Ben Bernanke is even more appeal: "The Fed must be cautious to avoid raising interest rates too soon to take measures." </ P> <P> interest rates "within the foreseeable future" </ P> <P> recently released in Australia .Data show that the performance of the second quarter of moderate inflation, the market had widely expected the central bank to keep interest rates unchanged. ."At present, the global economic recovery is weak, downward pressure on the increasingly prominent. Thus, not only strong investor sentiment widespread concern, as many central banks adopted the attitude, interest rates will generally not strong." A banking industry analyst said. .</ P> <P> there is a market analysts said the central bank in Australia to obtain further information on the overall inflation front, at least before the end of the fourth quarter to keep interest rates unchanged. .Indeed, it was expected the RBA to keep interest rates unchanged time may be extended to 2011. ."Central banks determine the level of inflation is the main benchmark interest rate or not, and the current performance of Australia's second-quarter inflation moderate. In addition, the real estate market in Australia obvious signs of decline, which also exacerbated the central bank fears the economy .. "the analyst said. .</ P> <P> and there is no timetable for the "delay" rate hike has become the world's major central banks the same pace. .According to Eurostat data released today showed the euro zone CPI in July 20 months occurred since the fastest growth, up to 1.7%. .However, the ECB's monetary policy did not lead to a significant impact. .</ P> <P> "Recently though, the economic data in Europe performed better than the U.S., but is widely expected European economic growth in 2011 more slowly than this year, tightening fiscal policy will drag the eurozone a percentage of GDP .growth rate. "the analyst said," In this case, the European Central Bank to raise interest rates will be 'indefinitely', the year 2011, the possibility of rate hike has been getting smaller and smaller. "</ P> <P> crunch .face of the liberal demand </ P> <P> 8 On 2 August, Indonesia's Central Bureau of Statistics announced that Indonesia's inflation rate in July rose to a high of 6.22% during the year. .Thus the outside world began to have Indonesia's central bank on Wednesday forecast rate hike will increase. .However, Bank Indonesia deputy governor Hartadi Sarwono said the July CPI high supply from bad weather and then push up food prices, electricity prices and toll prices and other combination of factors, the need for a comprehensive assessment of the inflation data, and then make .possible response. .</ P> <P> "some time ago, or because of the pressure of high inflation, or for economic stimulus than-expected growth, Reserve Bank of India, New Zealand's central bank, the Bank of Canada raised interest rates so the move has taken." However, .The analysts believe that, "With the general slowdown in global economic growth, the market mood and anxiety filled wait, the next time, the world's major central banks to raise interest rates will be more cautious attitude, rate hikes will become increasingly rare. .which, like Brazil, India and other emerging markets, inflationary pressures are more severe because, faced with the 'kink' situation would be more obvious. "</ P> <P> of most concern for the global schedule for the Fed to raise interest rates, the current market consensus that the Fed .the first interest rate increase after 2011. .Yesterday, Bernanke said the Fed must be cautious to avoid raising interest rates too soon to take measures, but the U.S. government should cut spending and raise tax rates with caution. .He also believes that the short term should continue the implementation of economic support measures, and continue to maintain a loose monetary policy until employment growth. .</ P> <P> not only will continue to delay raising interest rates, the Fed may even increase the intensity of injection to the economy. .According to foreign media reports yesterday that the momentum in the current U.S. economic recovery appears to have weakened the case, officials of the Federal Reserve is expected to be rate-setting meeting next week to consider the management of its huge stock of assets for small amplitude, but with an important symbol .significant adjustment, that is to consider putting more money into the bond market. .</ P>.

No comments:

Post a Comment