货币政策传导过程中的金融体系研究

The Research on Financial System during the Process of Monetary Policy Transmission

金融体系在货币政策传导过程中起“中介”作用,货币渠道过程是通过金融市场从货币政策冲击到市场零售利率的价格传导过程,信贷渠道是通过商业银行从中央银行到商业银行的数量传导过程。完善我国金融体系有利于提高货币政策传导效果,同时也是市场经济体制改革的要求,我国中央银行实施货币政策时应该考虑区域金融差异的客观事实。

The financial system appeal intermediary function during the process of monetary policy transmission, money channel is price transmission from monetary policy to market retail interest rate . credit channel is quantity transmission from central bank to commercial bank , perfecting financial system is useful to enhance the monetary policy transmission effect, it is also the demand of market economy system reform in China, when carrying out monetary policy, the central bank sl：ould consider the reality of regional finance diversity.