Wednesday, January 12, 2011

%The industry insider thinks that M2 next year drop into 16% to match "steady" definition


Hu Xiao Lian reveals that currency is supplying a total amount growth should be lower than to appropriately loosen a period and declines to formely the general level of steady monetary policy stage.The data suggests that carry out an appropriately relaxed monetary policy period for 2009, 2010 years, the M2 increases the target as 17%, but carries out a steady monetary policy period for 2003-2006 years, the M2 increases the soon average target as 16%.The industry insider thinks that M2 next year drop into 16% to match "steady" definition, and not is tighten.However, expect because of all super the performance result of majority of age currency supplies, the M2 still keeps 19.5% to increase soon currently of foundation up, want to drop into 16% targets next year, still need to walk a road.
Keep to lend money a total amount reasonable moderation growth secondly.7.5 dollar loan scales of 9.6 dollars, 2010 that adds with 2009 compare, adding of 2011 letter loan the scale drop also can,t too big.This because the steady monetary policy is lain to loosen and from a kind of"in the center status" of tight.For continuing to support a real economy development, letter loan scale can,t"hasty brake".

The broad sense currency quantity(M2) increases to soon drop into 16% or so


This is steady not that is steady
1999-2006 years, the our country has been practicing steady monetary policy and exclusively exercise a National Central Bank working talent for 1984 people is bank carry out time grow most of monetary policy mindset.However, this time righteousness with"steady" regression has already had a dissimilarity a little bit before now.But the difference of the economic situation is the most reason that causes to appear "this is steady not that is steady".Stable price the total level is current economy development in need the problem of solution urgently most , this also becomes laying particular emphasis on of steady monetary policy in 2011 point.
Central bank pair long beard Xiao chain in the line point out, the content of steady monetary policy wants to control a good currency total amount first.Though the central economic working conference didn,t do explicit rules to next year is monetary credit target,the market anticipates, the adding of next year believes a loan to cut to 7 dollars or so, the broad sense currency quantity(M2) increases to soon drop into 16% or so.

In"the regression is big slice of" that directs in the central bank


In"the regression is big slice of" that directs in the central bank, mobility as if plot lord line, the monetary policy is many to adjust to control tool is each and each actor of color, suppress total level of inflation, steady price this film then hopes to acquire of receipt of a film.And the central bank open to match a mobility gateway and regulate a currency supply, is also a realization to stabilize price total level of important assurance.Directs in the central bank of this is big slice of in, the monetary policy tool needs to be managed properly, amount type tool and price type tool, and the macro view with circumspection takes charge of the mutual match of tool, all very important, only have so, so as to finally attain to repress inflation and stabilize the purpose of price total level.