eq2 platinum The cut of 50 basis points - ECN

The 1th page: Tan: Central Bank currency chicken soup is good yet the 2nd page: Liu Yuhui: deposit rate cut monetary targets for the whole year as scheduled, or difficult to implement the 3rd page: the Honourable Albert CHAN: monetary growth target lowered far-reaching 4th page: "preconditioning" macro-control of monetary policy to a normal page 5th to prudent monetary policies to ensure that "double stable" 6th page:Sound is still called the 7th page of monetary policy: monetary policy without relying too heavily on "variable number" the 8th page: reducing is not equal to the monetary policy to the 9th page: blood and deposit interest rates financial commentator of Tan to fine-tune monetary policy (information) cut deposit reserve rate, does not mean that monetary policies into a comprehensive liberal channel, not on stockHave a significant impact, the real estate market star wars the gold republic credits, the market will operate according to the previous channel. On February 18, the people's Bank of China announced, cut since the 24th reserve 0.5%. This is to keep the three-month rate down for the second time, lower frequencies below market expectations, and do not use interest rates, description quantity regulation remain the choice of monetary policy.The lower reserve requirements based on two reasons: one is the real economy on a downward trend, national real estate prices have fallen from the comprehensive, iron and steel, machinery, vehicles and other major industries in the process of tightening, cut deposit rates was to ease the pressure of economic downturn; the second is monetary tightening has not improved since last year, January added $ 738.1 billion yuan loans, farTrillion-yuan mark in the lower than expected, foreign exchange accounted for the decline for three consecutive months the Central Bank has cut the deposit rate of space. Epicentre tickets and deposit rate is the Central Bank's primary means of regulation and control the amount of money. China has no control market interest rates in the bond market, until the marketization of interest rate transmission mechanism is established, Central ticket and deposit rate is the Central Bank's most direct and effective means of control. If the BankSignificant spike in interbank interest rates eq2 platinum, central banks will be issued through the reduction of Central or cut deposit reserve rate, releasing more funds to the market; on the contrary, when inter-bank interest rates sharply decline, certain central issue would be increased. Cut deposit rates without a doubt is a manifestation of monetary easing. Because of the underlying currency and deposit rates are closely related, therefore,The cut of 50 basis points, not only in the immediate mitigation Bank funding pressures, more base money can be in the next release. The Central Bank cut the deposit rate, does not mean that monetary policies into a comprehensive liberal channel, hope that the people of substantial monetary easing by the Central Bank, are doomed to disappointment. Reserve best feature is flexible, think banks are tightening monetary easing,Look at the used market interest rates after the reserve response, as well as the central issue of interest rates are high or low. ����Background to the central banks cut the deposit rate, funds interbank interest rates rose sharply between the banks, Central Bank stops Central ticket issued, it can be inferred that if inter-bank interest rates returned to normal, the Central Bank's monetary policy is still dominated by sound. Deposit rates available on the following, be flexibleTools tera gold, because the Central Bank sharply raised its deposit rate in the last cycle, this cycle provides a great room. Large financial institution saved after the cut rate is still as high as 20.5%, if the median around 13.5%, there are 7% lower, that is, 14 50 basis point downward adjustment. This is impossible, unless the world againEconomic collapse, because the current inflationary pressures are greater. ����Central banks won't use interest rate instruments, interest rate dilemma: raise interest rates attracting hot money economy, now crying out the borrowers as single days, local investment and financing company will be more sorry; lower interest rates will not increase more money, but flames of inflation. Raised or lowered reserveRates will not significantly impact on the Securities and real estate markets. From this first experience, the market will operate according to the previous channel, short-term changes in the deposit rate has little effect on the market, and the $ 400 billion in lowered deposit rates increased funding real economies are not distributed. But the current psychological boost on the stock market, as there is in the air back and forth between the two sides, BoAnkylosis of the Yi, central banks cut the deposit rate great psychological comfort to investors. You do not have to pay real money, Bulls will take over lingqi, "chicken soup for the money" as a big positive. ����Unfortunately, such psychological suggestion last time will not be too long. Policy interpretation of Liu Yuhui: deposit rate cut monetary targets for the whole year as scheduled or harder the Honourable Albert CHAN: monetary growth targetsDownward adjustment profoundly "preconditioning" monetary policy will be the macroeconomic regulation and control to normal prudent monetary policy which ensures that "double stable" monetary policy steady remains were the monetary policy without relying too heavily on "variable number" drop shift does not mean that monetary policy with a reduced interest rate and deposit to fine-tune monetary policy