当前通货膨胀压力下的货币政策取向

The Choice of Monetary Policy under Current Inflation Pressure

本文分析了我国当前物价运行的基本态势,讨论了今后一段时期内物价运行的基本趋势,认为成本推动型通胀的压力较大。本文提出,在这种通胀压力下货币政策需坚持从紧取向,并加大数量型调控力度,较多运用汇率工具,对农村金融市场作出特殊政策安排。

In the paper, based on the analysis of domestic price situation and the primary tendency of price in the future, the author points out that there is stronger pressure of cost-pushed inflation than before. Therefore, under such situation, the author suggests that the China＇s monetary authority should firmly stick to the tight mo- netary policy, strength quantitative macro-control, effectively wield exchange rate instrument and implement especial policy arrangement for rural financial market.