Another important adjustment of monetary policy after one more rate hike raised the deposit reserve ratio, accelerate the return to sound monetary policy, said the deputy director of the State Council Development Research Center of the Institute of Finance Banking Association chief economist of Ba. Conducive to strengthening the management of inflation expectations, to prevent asset bubbles, Foreign Ministry ample liquidity, strong inflation expectations, inflationary pressures continue to increase, month of yearonyear rose to negative interest rates is growing. In the context of negative interest rates, household savings is difficult to increasing the value of their outflow from the banking system, and may increase price pressures and asset bubbles. The Central Bank39s fourth quarter depositors survey shows that urban residents tend to more investment, such as the purchase of debt and equity funds tend more savings, more investment has been replaced by the more savings to become the first choice of the residents. To raise interest rates to the people, the release of such a signal, that is, your deposits in the bank is safe and will not shrink, the central bank39s monetary policy committee Tsinghua University, said China and the World Economy cheap giuseppe zanotti pumps Research Center Director Li Daokui, which is conducive to strengthening inflation expected management to prevent asset price bubbles. The rate hike also highlights the forwardlooking monetary policy. This year due to the influence factors of price increases next year will continue to exist and may further increase this year, prices of percentage points more than the carryover effect next year, which may occur in other new factor prices, inflation pressures next year. Around, up one percentage point next month and the month of the carryover impact phased price may appear high point of the first quarter of next year, perhaps before March of each month will be more than, Ba said, in high prices