replica oakley sunglasses on behalf of the neutral is no longer a loose monetary policy. In Februa

This week China's central bank open market drained strength continue to enlarge slightly than last week, after had drained a net for five consecutive weeks. Central bank this year return to neutral monetary policy control target,replica oakley sunglasses, through the restart after the Spring Festival is the buyback recycling liquidity too wide, tightening signal is sent markets continue,cheap oakleys.
Market participants pointed out that the central bank to tighten monetary policy this year an inflection point, but strength is not strong,replica oakley sunglasses, now is a slow tightening process. Near the end of the month end of the season,fake oakleys, the process of tightening will fine tune, will depend on factors such as how the strength of the bank deposit at the end of growth, it is difficult to judge, but to tighten policy more likely to maintain continuity.
"Bank liquidity support, drained a net estimates will keep, will my title be reverse repurchase or net, want to see the end of the month deposit growth." Wide hair negotiable bank financial marketing researcher YanYan said.
Chief bond analyst at a Shanghai brokerage, said this year's inflation pressures remain large, economic recovery seems don't have to relax liquidity, the central bank monetary policy continuity under the consideration of factors not out march end of the season after dilution, the possibility of tightening increase in April.
China's central bank governor, zhou xiaochuan, had made it clear that this year's target of 13% growth in M2 (broad money) represent the prudent monetary policy, on behalf of the neutral is no longer a loose monetary policy. In February, he said inflation beyond market expectations that needs to be more vigilant about inflation, the central bank's monetary policy and other measures, hoping to stabilize prices, stable inflation expectations.
Today the people's bank of China open market for 48 billion yuan repo, deadline for 28 days, the winning rate held steady at 2.75%. According to Reuters estimates, this week the central bank drained a net 47 billion yuan, 44 billion yuan from last week increased slightly.