Deposit reserve ratio will increase or enhance the difference between reserve policy adopted

 Chinese Academy of Social Economy, director of the macroeconomic forecast Zhang Xiaojing, China is entering a cycle of interest rate increases. Because after the financial crisis, the Chinese economy began to show the good trend, while the U.S. recovery is weak, quantitative easing monetary policy also release large amounts of liquidity. Domestic and international factors intertwined, and determine the short-term liquidity, inflationary pressures from rising costs only to rise. China is still in negative interest rates due to the current state, the appropriate interest rate can increase the use of funds cost of credit growth, and change the part of investors for the expected asset price bubble.

Zuo Xiaolei, chief economist at Galaxy Securities, said the central bank's rhythm is once every two months, half will raise interest rates three times, provided there is the need to raise interest rates. CITIC Securities chief economist, said Jian-Fang Zhu will raise interest rates twice in the first half of this year, the deposit reserve ratio will continue to increase.

However, macro-Bohai Securities analyst, said Zheng Zheng Du, a quarter less likely to raise interest rates again, the central bank to raise deposit reserve ratio by differentiated reserve policy and even more likely. Renmin University of China Wu Xiaoqiu Finance and Securities Research Institute, said the central bank rate hike expected, anti-inflationary policy-oriented intentions obvious, but the policy effect remains to be seen, in the long run to control prices or to increase product supply. He said the central bank to raise interest rates after the Bank of the cost of funds has been very high, space constraints limited the future, policy will tend to sound.