China Financial Daily

August 8, 2009

Suning to respond to the dynamic fine-tuning: the central bank in fact every day in the transfer

Filed under: Financial News — Tags: — lily @ 10:11 am -0700

Suning to respond to the dynamic fine-tuning: the central bank in fact every day in the transfer
7, central bank Deputy Governor Su Ning of the State Council Information Office, introduced in the current macroeconomic situation and so on, and answering a reporter’s question. Photoʷ?reporter

He said that the “dynamic fine-tuning” fine-tuning of monetary policy does not mean, our current inflation problem does not exist

For the central bank’s “market-oriented means of the use of dynamic fine-tuning”, the central bank Deputy Governor Su Ning at the Information Office on the 7th at a news conference to elaborate. Su Ning emphasized that the so-called “dynamic fine-tuning” does not mean that the central bank to fine-tune monetary policy, and he believes that China is not the existence of inflation.

Correct understanding of “fine tuning” within the meaning of

Su Ning said, “Dynamic fine-tuning” is the operation of monetary policy, the focus of monetary policy, efforts to fine-tune the tempo. He also stressed that such fine-tuning, by means of market-oriented, rather than the size of the control method to achieve. He said that this fact has been fine-tuning, rather than fine-tuning until the second half. Month in fact the central bank, Zhou Zhou, every day the situation in the market for fine-tuning.

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