摘要
首先介绍了美元加息的原因与目的,进而从美国国内货币市场出发分析了美元加息通过国际金融市场影响人民币/美元汇率的传导机制,在分析结果的基础上进一步探讨了美元加息对我国经济的影响后果。
This paper introduces the reason and purpose of U. S. dollar's interest raising firstly, then from the point of American domestic monetary, it analyzes the transmiting mechanism of U. S. dollars interest raising to the exchange rate of RMB through the international financial market. Based on the preceding conclusion, it also discusses the impact from the U.S. dollar's interest increasing to Chinese economy.
关键词
加息
利率平价
均衡汇率
汇率超调
价格刚性
interest raising
interest rate parity theory
equilibrium exchange rate
exchange rate overshooting
price rigidity