利率调整的主要因素及利率风险防范对策

The main reasons for interest adjustment and the countermeasures against interest risks

利率作为货币资金的价格,是引导资源配置的重要信号。近年来我国利率变动频繁,而且波动幅度很大,这导致利率风险的不断加大。结合利率调整的历程,分析导致利率调整的主要因素,如:宏观经济环境、货币供应量、价格水平以及国际市场环境。并在此基础上介绍防范利率风险的对策建议:正确认识利率风险的存在,提高利率风险管理意识;建立并完善利率风险控制体系,提高对长、短期利率的预测能力等。

As the price of monetary capital, interests are one of the significant signs to lead the allocation of resources. In recent years, the interests in China fluctuate frequently and widely, which drives the interest risks to a higher level. According to the historical records of interest adjustment, this paper tries to analyze the main reasons of interest adjustment, such as macroeconomic environment, amount of monetary supply, price levels and international markets. Besides, the paper provides some countermeasures against interest risks ： to fully understand the existence of interest risks, to increase the capability of interest risk management, to establish and better the interest risk control system, to improve the competence to predict the long-and short-term interests, and so on.