掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Further Interest Rate Cuts likely

  • Wednesday, December 17, 2008
  • Source:

  • Keywords:Interest, Rate, China
[Fellow]
China will face pressure to cut interest rates until the beginning of next year, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), the central bank, said yesterday.
"From now until the beginning of next year is full of interest rate cut pressure," Zhou said in Hong Kong, where the Financial Stability Forum is meeting.
The deepness of the interest rate cuts "will depend on our estimates and the actual statistics of CPI (consumer price index) for us to make rate cut decisions", Zhou said.
He added: "The CPI is going down and sometimes faster than we think." China's annual inflation gauge fell to a 22-month low of 2.4 percent in November, which, analysts said, provided the central bank with sufficient room to cut interest rates further.
The central bank reduced the one-year lending rate to 5.58 percent from 7.47 percent in September amid the global financial turmoil.
Barclays Capital predicted that the PBOC may reduce the lending rate to 5.04 percent from 5.58 percent by the end of 2008, and the rate will be further trimmed to 4.23 percent in the second quarter of 2009.
Peter Redward, director and head of emerging Asia research at Barclays Capital, said earlier that with inflationary pressures receding and growth concerns rising, central banks across Asia are front-loading and easing monetary conditions.
When Zhou was asked about the recent slowing pace of renminbi appreciation, he acknowledged that China has intervened to influence the renminbi exchange rate, but said the rate was under a managed float.
He also noted that the exchange rate depreciation may not be able to boost export growth; he said it is basically determined by supply and demand and the trade balance.
Zhou pointed out that imports are also falling, sending the trade surplus to a record high. (China Daily)
 
  • [Editor:editor]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 四会市| 松溪县| 遂宁市| 隆昌县| 巴彦县| 海宁市| 兴海县| 靖远县| 凭祥市| 闸北区| 舟山市| 峨山| 天长市| 株洲市| 同仁县| 泊头市| 陇南市| 曲麻莱县| 宣城市| 抚州市| 通城县| 仙游县| 弥渡县| 泸水县| 静海县| 剑川县| 潮州市| 威信县| 南昌市| 扬州市| 吉隆县| 将乐县| 盐城市| 文水县| 德清县| 盐山县| 南丹县| 嵩明县| 祁连县| 合江县| 博罗县|