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Around August 10Th Is Expected To Be An Important Window For Raising Interest Rates.

2011/8/3 18:44:00 32

Important Interest Rate Window Is Expected

At present, the rate hike is expected to increase in August. It is estimated that August 10th will be an important time window. If the central bank does not take interest rate action at this point, it can basically determine the current round.

Increase interest

The cycle will end.


A report released in a macro analysis section of a Xinhua news agency said the central bank's interest rate hike is not common at the time of inflation, and is expected to be Chinese consumers after July.

Price

The index (CPI) will gradually decline.


According to the analysis of price factors, China's CPI growth rate in July was near 6.2%-6.4%, the most likely value was 6.3%. The price of food is expected to rise by 0.7%-0.9% in July compared with last month, and the increase in non food prices is likely to be around 0.2%.


The report said that China's annual CPI growth is still likely to be controlled within 5%.



 

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