Monetary policy will remain “moderate” in the second half of the year

Most of the macroeconomic data in the first half of the years are released in stages these days. Experts believe that the monetary policy in the second half of the year will not change in short term.

Statistics show that in 2011, China’s macro-control has put the “stable prices” as a primary task, which China carried a “prudent” monetary policy. The central bank has repeatedly used of quantitative tools and price instruments. China’s central bank raised the deposit reserve ratio six times this year; rose lending and deposit interest rates three times put “stabilizing the general price level” at a more prominent position.

For the second half of the monetary policy, Experts generally believe that if the domestic economy circumstances is not significant changed, the monetary policy will not change in short term.

Caijing

Translated and edited by Peng Bo, he is now an editor and author of m4.cn, write to him at pb.bloomberg@gmail.com

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