European And Central Banks Continue To Advocate Easing Policy.

Fundamental analysis: the recent fundamentals are intricate. On the one hand, some local disputes such as Ukraine have triggered market risk aversion. On the other hand, the central bank's monetary policy is still in the fog. The central bank intends to put an end to the easing policy ahead of schedule, but it still depends on the specific performance of the economic development. Meanwhile, the mood of the European Central Bank's uncertainty is increasingly cautious. Affected by this Non US currency Be in a dilemma.

Britain Central Bank Will, a member of the monetary policy committee, said: "I am very confident that the timing of raising interest rates may cause risks in two directions. If we want to raise interest rates slightly, we must start raising interest rates as soon as possible. The gradual increase in interest rates by the Bank of England may raise borrowing costs by up to 1 percentage points a year. And stressed that the central bank may wait for a long time before raising interest rates for the first time, but at least not now.

Shirai Hayayuri, a member of the Bank of Japan, said that Japan's longer-term inflation expectations are on the rise, but some indicators indicate that the rally is leveling off. Must be right Economics A review will be conducted to see whether inflation will remain stable after 2% increases in consumption tax for the second time.

It is also necessary to see whether Japan's medium and long-term household inflation will increase. Japan's economy is recovering steadily, and Japan's output, revenue and expenditure will have a virtuous circle. Japan will need 2 years to achieve 2% inflation target.

According to a survey conducted by the European Central Bank's Conference on interest rates in June, 31 of the 48 economists interviewed lowered the deposit interest rate to below zero and provided new long-term funds for banks to lend loans to SMEs, that is, long-term refinancing operations (LTRO). They will also be launched at the same time to help boost credit in the euro area.

Of the 48 interviewed economists, 31 said the lower interest rates to below zero and the provision of new long-term funds aimed at banks' lending to SMEs, the long-term refinancing operation (LTRO), would also be launched at the same time to help boost credit in the euro area.