疫情期间中美央行实施货币政策分析

Comparative Analysis of Monetary Policy Support to the Economy between China and the US during the Epidemic

2020年在新冠疫情危机下我国实体经济受到较大的冲击,为应对疫情带来的负面影响,中国人民银行创新推出了一系列货币政策工具,在支持经济恢复发展中起到积极作用。为更好的发挥货币政策工具作用,本文对中、美两国支持实体经济货币政策工具的范围、效果等差异进行了比较分析,并为建立我国直达实体经济货币政策工具体系提出具体可行性建议。

In 2020,China's real economy will be greatly impacted by the COVID-19 crisis,especially the small,medium and micro enterprises are generally faced with the problems of declining orders,tight funds,financing difficulties and so on.In order to deal with the negative impact of the epidemic,the People's Bank of China innovatively launched a series of monetary policy tools for SMEs,which effectively alleviated the financing problems of SMEs and played a positive role in supporting economic recovery and development.This paper makes a comparative analysis of the differences between China and the United States in monetary policy tools to support the real economy,and puts forward concrete and feasible suggestions for the establishment of monetary policy tools system directly to the real economy in China.