2007年11月18日星期日

People's Bank of China:Is satisfied to the present interest rate level

China's central bank (People's Bank of China) governor Zhou Xiaochuan Sunday (November 18) that the central bank now he is satisfied with the level of interest rates, but the central bank will continue to pay close attention to future economic data. Zhou Xiaochuan, held in South Africa the Bank for International Settlements (Bank for International Settlements) break of the meeting told reporters: "There is no doubt that we are gratified by the development of the central bank's current interest rate level."
So far, China's central bank years income five times already and to curb inflation continued to rise. The most recent interest rate increase in September - that the central bank will be the benchmark rate from 3.60 percent raise the level to 3.87 percent. Of particular concern for the central bank will be the economic data, Zhou Xiaochuan said: "Many economic data analysis is generally very complicated."

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