The interest rate on the stock market: successive adjustment rate after the stock market's performance at a glance

Today the Renminbi deposits and loans benchmark interest rate by 0.25 percentage

The interest rate on the market, increasingly weakened expected after 33 months, central banks have played a rate hike again with the stick. This means that the Bank has lowered interest rates cycle in 2008, and 2009 's policies after the blank period starts a rate hike cycle.

Central Bank of 19 evening announced that since October 20, at the same time by financial institutions to deposits and loans of RMB 0.25% benchmark interest rate. Adjusted, deposit base rate rose to 2.50%; loan benchmark interest rate rise to 5.56%. Other grades of deposit and loan interest rate will be adjusted accordingly appropriate.

High touch this interest rate increase CPI is the main reason. This market has reached a consensus. Prior to that, the Industrial Bank senior economists, Political Commissar of Lu, if they had planned for September CPI 3.6% or more, the fastest rise in interest rates will be after the national day of the third quarter data before and after publication. According to many industry insiders predict that September CPI likely more than 8 months, reaching 3.6%.

China Everbright Bank macro-policy analyst-Sheng Wang Ching's view, the current interest rate is a suitable point in time. In his view, the situation has negative interest rates continue for a longer period of time, with the CPI's continue to rise, inflation pressure increases. But at the same time, the rapid growth of GDP still remains, this basic surface stability conducive to the tightening of monetary policy.

In fact, due to the negative interest rates of survival time is longer, has been making unilateral increases deposit interest rates of high, but the Central Bank has not taken the way asymmetric interest rate increase. Robust political Commissar of analytical thought, whether it's for real estate fever, or committed to lending resources optimization, deposit and loan interest rate should be at the same time.

But it is worth noting that, in addition to the base rate, a year or more deposit interest rates and loan interest rate movement is not the same as the rate of the deposit interest rates much greater than the interest rates on loans. More loan interest rate adjustments are 0.2 percentage points. The deposit rates are in accordance with the age increases. Of these, five-year deposits interest rates 0.6 percentage. This is relatively rare in the past.

Shing Wang Ching believes that this non-benchmark interest rate adjustment, the asymmetry in favour of the appropriate compression Bank spreads, will return to the household income inclined, guarantee depositors, to economic balance.

China suppress global market interest rate increases unexpectedly. U.s. stocks open on Tuesday, DJI, that means 1% drop. Europe's main stock index is not a rise. International commodity market is falling and sound piece, gold, crude oil, etc. to reach 2% decline.