In May 6Th, The Central Bank Issued 124 Billion Yuan Central Bank &Nbsp Today; Interest Rate Hikes Are Expected To Further Reduce Early Warning.

According to the central bank's announcement, the central bank's circulation of March bills was 14 billion yuan, which was 6 billion yuan lower than the previous period. The issuance of 3 year fixed rate bills increased by 20 billion yuan to 110 billion yuan compared with the previous period.

Guo Tianyong, director of the banking research center of Central University of Finance and Economics, points out that the combination of the deposit reserve ratio and the two quantitative tools of the central bank will play a great role in maintaining moderate liquidity, controlling excessive growth of credit loans and preventing inflation.

For today's central issue, the effect is about half the increase in the deposit reserve ratio. Guo Tianyong said, "in the context of the recent increase in the deposit reserve ratio, the central bank's central bank votes also show that management relies more on quantitative tools to regulate liquidity, thereby further reducing the use of price instruments as a means of raising interest rates." However, insiders also pointed out that if price rises were a fact, raising interest rates would be inevitable.