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2012年6月7日,央行突然宣布,自201 2年6月8日起下调金融机构人民币存贷款基准利率。金融机构一年期存贷款基准利率同时下调0.25个百分点。本次降息之后,政策层面已经释放出流动性宽松的信号,在这种情况下,存准和利率的降低,极有可能产生三大负面效应:一是由于本次降息采取对称降息的方式,降息之后,一年期的基准存款利率降为3.25%,低于前4个月CPI3.6%的水平,这意味着,降息将使基准利率全年平均处于负利率的水平,不利于稳定消费预期;二是在全球都有可能释放流动性的情况下,好不容易趋稳的通胀很有可能卷土重来;三是本次降息,对于处于调控
On June 7, 2012, the central bank suddenly announced that it will cut the benchmark interest rate of RMB deposits and loans of financial institutions on June 8, 201 2. The benchmark one-year deposit and lending rates of financial institutions were both reduced by 0.25 percentage point at the same time. After the interest rate cut, the policy level has released a signal of liquidity easing. In this case, the deposit and interest rate reduction will most likely have three negative effects: First, as a result of this interest rate cut, the interest rate cut will be symmetrical, After the interest rate cut, the one-year benchmark deposit interest rate dropped to 3.25%, down from the 3.6% CPI of the first four months, which means that the interest rate cut will make the benchmark interest rate be negative for the whole year on average, which is not conducive to stabilizing consumer expectations ; Second, in the context of the world are likely to release liquidity, finally stabilized inflation is likely to come back; Third, the interest rate cut, for the regulation