European economy sustained low inflation will spillover interest rate cuts from the sound of

For Germany Frankfurt European Central Bank headquarters building. Xinhua reporter Ma Ning photo taken side is to protection economic growth, side is to control inflation, face EU more country councils due to debt crisis and wind unrest of situation, Fake Hermes Bags European Central Bank will on currency policy made how of choice? European Central Bank governing NOWOTNY Monday (on November 21) said, European Central Bank next meeting will will considered is deteriorated of economic situation, may continues to cuts.　　Insiders said the increased probability of the European Central Bank cut interest rates again in the near future, in China's case, Fake Hermes Bags needs to be more vigilant against imported inflationary pressure effect.　　Interest rate cuts from the sound of prior to this, on November 3, has consistently is famous for its strict anti-inflationary monetary policy strategy of the European Central Bank announced interest rate cuts by 25 basis points, cut its benchmark interest rate to 1.25%, it becomes the European Central Bank Governor Fake Hermes Bags of the new term Delacquis first to put out the fire that burned after taking office. After all these less than 20 days, on November 21, Novo
George said the next meeting of the European Central Bank will take into account the deteriorating economic situation, is likely to continue to cut interest rates. Jens Nowotny said, is having to discuss the duties of the European Central Fake Hermes Bags Bank in this difficult moment, either a rate cut or a rate hike is likely.　　Germany commercial banks on Friday (November 18) for the latest research said in a report, now expect the European Central Bank will cut interest rates by 25 basis points again in December, rather than had expected the first quarter of next year because the economy faced significant downside risks.　　Secretary General Fake Hermes Bags of the Organization for economic cooperation and development Gourria in a media interview that a few days ago, the European Central Bank in early November after an unexpected lowering interest rates, should be further interest rate cuts. Gourria said: "my personal view is that the ECB interest rate of 1.25% should also be lower. I think that prices will fall, both public and Government Fake Hermes Bags spending declines, thus retailing will eventually is forced to price." Rate cut would be the only option as the European debt crisis speech
The more strongly the European economy faces recession, outsiders, euro-zone debt crisis deteriorating offsetting market concern about the continued high rate of inflation, interest rate cuts will be the only option for the European Central Bank. Capital economic and trade University financial College Dean Xie Taifeng on this reporter said: "this year EU determines of inflation target is 2%, but, Europe debt crisis makes economic downward of pressure than has inflation pressure, while is anti inflation, while is insurance growth, two aspects pressure weighed zhixia, insurance growth is more urgent, because if cannot insurance growth, even prices lowered to has, economic slump also is will makes employment more difficulties, from social of pressure more large, therefore, despite may will caused new of inflation,　　The European Central Bank is also more likely to stimulate growth by cutting interest rates. "　　Gourria also said that he is not worried the euro area, inflation and weak economic growth was more worrying. "Given the current financial predicament of many eurozone countries
, Task of stimulating the economy of the eurozone growth will be more heavily on that of the monetary policy, the European Central Bank rate cut is imperative, since economic growth is to the point of death. "　　Institute of Chinese Academy of social sciences in Europe, said when interviewed by reporter Zhao Junjie: "the EU is known as Kingdom of small and medium enterprises, interest rate cuts help the Government raise more money to help small and medium enterprises out of the shadows as soon as possible, this is the only way out."　　Zhao Junjie further analysis that the industrial structure adjustment in the current EU is not in place, products uncompetitive, compared with the United States, Japan and the emerging economy shrinking, but also carries a heavy burden of social welfare, by cutting interest rates, can increase investment in research and development, and efforts to attract top talent to promote economic growth. Inflation is likely to influence China, across the European Union and Eurozone inflation rates still remain high, inflation situation is not optimistic. due to the increased probability of a rate cut, the industry believes that inflation pressure
Should not be overlooked, especially the European Union's inflation likely to spillover to emerging economies, China needs to improve preparedness.　　Xie Taifeng said that if the ECB cut interest rates, its impact on China should be in two ways, on the one hand, if China's Central Bank kept interest rates unchanged, and spreads may increase the number of hedge funds into China, while interest rate cuts if EU is to promote economic growth, needs help to expand the EU, in favour of Chinese exports to the EU. Zhao Junjie said, if really of cuts, may will raises EU new a round of inflation, will reduced even offset China lost Europe products of profit. due to European into crisis, objective Shang will has inflation of spillover, as central economic and trade cooperation increasingly close, entered sexual inflation pressure obvious increased, worth vigilance. on China,, while domestic inflation pressure also is large, then plus from United States and EU spillover of inflation pressure, integrated view, will on China of economic development environment caused