央行货币政策使用的工具及其在我国的具体运用

2007年，经济“过热”，物价涨幅“过快”，通货膨胀“压力”等字眼频频见报，中央银行采取什么措施应对成为大家关注的焦点。从2007年初至今，中国人民银行已经多次调整了存款准备金率，多次上调人民币存贷款基准利率，这些都是为了控制经济过热。最明显的“过热”，恐怕是2007年大盘指数上扬步伐，在第四次加息声刚落，上证指数就轻松地突破5000点。人们一方面对股市充满了信心，经中报调整后的动态市盈率仍然高于国际平均水平的2倍。男一方面人们的信心改变不了殷价高悬、风险增大酌事实．

The Means Used in Monetary Police of China's Central Bank and its Actual Use in China

In 2007,some words like economy,overheating,the soaring price,inflation pressure and so on frequently appeared on newspapers.What measures the Central Bank would take to cope with this situation became a sharp focus.From the beginning of 2007 to date,the People's Bank of China has adjusted the deposit reserve ratio many times,and also upward the RMB benchmark interest rate for deposits and loans many times.All of the above means were to control the overheated economy.The most obvious overheating was the mar...