2015年在职考研MPA英语辅导之阅读素材.pdfVIP

独家内部宝典资料 / gct考试真题 /gct_zhenti_xiazai.html 1 2015年在职考研MPA英语辅导之阅读素材 Expectations that the U.S. Federal Reserve will launch another round of bond buying this week are fueling speculation that China also may ease policy soon to shore up its cooling economy. But analysts say investors who bet on quick action from the Peoples Bank of China could be disappointed, with only an outside chance that it would follow the Feds lead with more monetary easing of its own any time soon. The best markets could hope for would be a further cut in banks reserve requirement (RRR), but the odds against such an imminent move or even an outright interest rate cut are high as a recent flare-up in property and consumer inflation overshadows the urgency of policy easing. Moreover, unlike the 2008/09 global crisis, Chinas 独家内部宝典资料 / gct考试真题 /gct_zhenti_xiazai.html 2 labor market is still holding up well in part due to wrenching economic and demographic shifts. Markets simply may have underestimated Beijings tolerance of lower economic growth this year, as long as the slowdown is not too abrupt and does not spark social unrest ahead of a once-in-a-generation leadership change expected next month. The Chinese economy will slow further in the third quarter but regain some momentum late in the year as the impact of earlier policy easing fully kicks in, according to the latest Reuters poll of economists released on Wednesday. SURPRISE? Predicting the timing of Chinas monetary policy moves can be a daunting task given the central bank does not hold regular policy meetings as its counterparts in the West, and it has a track record of surprising the market. One, albeit slim possibility is that the China may opt 独家内部宝典资料 / gct考试真题 /gct_zhenti_xiazai.html 3 to cut banks reserve requirements or rates as part of a globally coordinated policy action to shore up the world economy, especially if the Federal Reserve launches a third round of quantitative easing, or QE3 after a two-day meeting ending on Thursda