摘要
Greater inflation pressure and worsening negative interest rate are the direct causes for the interest rate rise,which also conforms to the changes of the market interest rate. Right when the Qingming Festival is coming to an end,the central bank exercises its muscles again to increase the interest rate,raising the base interest rate for deposit and loan in RMB by 0.25 percentage points.'Growing pressure of inflation and worsening negative interest rate are the direct causes for the interest rate rise,'said Lian Ping,chief economist from Bank of Communications.He added that,taking into consideration such factors like rising costs of factors,rising prices of produces, imported inflation and liquidity surplus,China is facing growing pressure of inflation.'It is estimated that in March,CPI mav rise bv more than 5%
Greater inflation pressure and worsening negative interest rate are the direct causes for the interest rate rise, which also conforms to the changes of the market interest rate.
