不对称加息（Asymmetric rate hike）.docVIP

不对称加息（Asymmetric rate hike） Lasted for months, in the face of sustained high inflation pressure, the evening of December 21st, the central bank finally put aside the debate between China and the United States interest rate hike. National Information Center Chief Economist Zhu Baoliang Chinese is speculation that economic circles publicly suggested the first central bank experts should implement asymmetric rate (see the newspaper headlines in December 10th 1733 strict control two pronged monetary tightening credit). In the face of the central bank interest rate hike asymmetric Zhu Baoliang again suggested: efforts, monetary policy is not enough, the current monthly prices rose is increasing, we must further promote the asymmetry of interest rate, to reverse the negative real interest rate situation. An official from the NPC Financial and Economic Committee said that in 2008 the tight monetary policy will be further implemented, in addition, a series of fiscal policy and fiscal policy will emerge, improve the China economic imbalances from the origin. Asymmetric interpretation of asymmetric interest rate increase The asymmetric interest rate is very complex, which is called as the interest rate hike mizongyi. Among them, the one-year deposit interest rate increased by 0.27 percentage points, one-year lending rate increased by 0.18 percentage points; five years or more benchmark lending rate remained unchanged. Less than one year deposit rate increases greatly, among them, three month deposit rate by 0.45 percentage points, six month deposit rate by 0.36 percentage points; at the same time, the current deposit interest rate for the first time in five years slightly down 0.09 percentage points. In the face of interest rate structure, complexity of the evening of December 20th, most analysts since 2004 rate hike since the first night analysis data, the monetary authorities speculate decision-making psychology, calculating the impact of interest rate for the economy and t