China Financial Daily

August 10, 2009

Central Bank monetary fine-tuning the five light weapons

Filed under: Financial News — Tags: — lily @ 7:57 am -0700

Central Bank monetary fine-tuning the five light weapons
On the property market in the stock market surging, the central bank started to moderate from time to time to release the need for looser monetary policy, “Dynamic fine-tuning” of expression, combined with the China Banking Regulatory Commission has repeatedly emphasized that the prompt prevention and control of credit risk, market naturally a worry: how to fine-tune is to prevent inflation, or the property market for the stock market come from?

7.29 plummeted, so that injured investors, the central bank is also unexpected. 10 o’clock in the evening, the central bank Web site linked to Su Ning, vice president of Shanghai’s financial situation in the analysis of the speeches at the meeting, the title is “We must unswervingly continue to implement appropriate monetary policy”, the intention is fairly obvious: the tone is not loose change in policy is not specifically designed for fine-tuning the stock market.

Foreign economic and trade finance, Dean of the University of Wu Jun in the “Investor reported,” when reporters made it clear that the current monetary policy, the most important task is to stabilize the currency, the monetary fine-tuning, mainly for the credit, “can not be for the stock and property markets. “

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