The central bank by 25 basis points, to raise interest rates again: the current round of interest rate cycle is gradually coming to an end Whenever people are concerned about two issues, the interest rate, one that affects what interest rate when the next rate hike is coming, and the other is, I would answer the latter question , I think the current round of interest rate cycle is approaching hike marks the end of this round of tightening, which gucci outlet began in October last year, I have to raise interest rates at that time, I remember the first time, I When say a rate hike at least this one, it's cycle rate hike means that you have entered our law to economic and start raising interest rates again, to take some of the continuity of the action Please then. So we are to get a job, this time in response to raise the average rate, please refer to the central bank in the past two months. So last October, December and February of this year, in April, up to this point, such a process, to enable gucci boots, this year, loose, the past two years through our financial The policy is now complete. Then turning point like that, we as drove the corner of feng shui, this is a specific point on the curve is not affected by turning 90 degrees suddenly throwing people their status, the steering wheel slowly this is turning a big bend and rotate slowly, it has been relatively stable. Then, such a process, that is, the past six months have been experienced by us, we are raised to five consecutive interest rate refer to the increase in continuous reserve ratio 12 times, financial careful now Cycle rate hike has been forwarded to face the direction of the policy to be on basically on it to the next period of time, but may raise interest rates still rhythmic interest that changing the elongated means to gradually during the period of the two interest rates. Few days before the central bank's monetary policy meeting, if there is a subtle change of wording, we are relevant, with an emphasis on flexibility and effectiveness, it says that before the monetary policy was removed, this time, the effective stability. To be effective, before turning to in order to emphasize the effect is currently active, the tone, please leave a stable under the stability. Rate hike after that, we please refer to inflation high and it is currently, we do not have to worry not so, I am a variety of factors favorable, would be suppressed to increase inflation , we only increase the stability of immediate realization of a summer. Stability of the summer, we are at the base, you can make domestic prices in order to maintain the basic stability. Subsequently, an international environment, it is advantageous to increase the U.S. policy of quantitative easing is finished now. We also all countries of interest, under such circumstances, the liquidity of financial world, it has accelerated the contraction, we have international oil prices, I think the second half, these with favorable factors, please refer to the decline. Overall inflationary situation is easing. This year, our economy has faced two major tasks, one is anti-inflation, one can not sustain growth, the growth of the core to be able to maintain the vitality of SMEs So, to solve the financing difficulties of SMEs in this problem, 99 companies within our country there are more than 80 percent of the private economy I think that we both need to take immediate %, because it belongs to SMEs, as well as the support, the target of several measures that require long-term reform, there is a small business, the nature of the problem to solve the surface of the SMEs, faces is to solve our country's private sector economy. For small private economic enterprises, gucci clothing and other policies of our current monetary policy is a short way to pull them or their contributions to give, take some of the structural measures, but it The long-term reforms and long-term policies that accelerate with more than important. I have not yet started, the central government issued 36 economic development of the private sector, so far, many of the reforms of these have not been implemented, the present, these measures, we are firmly I think they should know the front. Another economic growth to overcome the bottleneck of the two, two points, in order to maintain the energy and money now, and the bottleneck of the financing of SMEs around the bottleneck of energy has become a bottleneck, we were less than enough to talk about the latest story. In fact, in the summer of each year, coal, electricity and yet we are the coal, to maintain a tight balance of electricity "tight balance" the state, but, again, we flood season in the main now, major river is expected to enter the floods, coal, electricity, a situation may lead to new effects, some we as far as to be able to overcome these bottlenecks, I am Chinese economy this year Given that inflation in steady growth under the assumption, on certain conditions.
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