我国CPI重回2时代背景下的货币政策调整

Monetary Policy in the Second Age of CPI

2012年我国再度迎来CPI的2时代,证明在2012年我国的通货膨胀水平开始回落。然而由于短期的季节性原因和长期国际国内环境的制约,在未来的一段时期内仍然存在着高通货膨胀预期。我国应该抓住此次通货膨胀走低的机会,同时也要审慎考虑高通货膨胀率的预期,与时俱进,根据上一阶段的货币政策执行情况审时度势,调整我国货币政策的实施重点。以经济增长为首要目标,配合适度的通货膨胀容忍度,采取调控存款准备金率、改革利率制度、优化信贷支持结构等措施,促进宏观经济又好又快发展。

In 2012, China ushers in the Second Age of CPI once again, which prove that in this year China＇s inflation levels have begun to fall. However, due to the short-term seasonal reasons, and long-term constraints of the international and domestic environment, there are still high in- flationary expectations in the future. We should seize the opportunity of the lowering of the inflation, meanwhile carefully consider the expectation the high inflation rate, and keep pace with the times, adjust the focus appropriately to the situation according to the last phase of the monetary pol- icy. With economic as the primary goal, with moderate inflation tolerance, take the control of the deposit reserve ratio, reform the interest rate system, optimize the credit structure supportive measures, and promote sound and rapid development of macroeconomic. Alpha