Wednesday, January 12, 2011
T°yet a central bank of nation is the target of monetary policy the property price
In recent years, along with our country the development of the stock market and real estate market, real estate and stock have become our country residents, thing personal of importance constitute part, the property price changes to influence residents consumption, investment of so-called wealth effect more and more obvious, the property price should become our country the monetary policy decision need the importance for considering to change to measure.
Although central banks in all countries all the deep concern property price undulate,is hard to match CPI and property price as integral whole on the technique, therefore, up to now didn,t°yet a central bank of nation is the target of monetary policy the property price.Scholar suggests, draw up an include property price at inside of broad sense price index number, with the target that this is the monetary policy, but regardless and theoretically still practice an operation currently up, didn,t complete this work, can not also find out 1 to draw up in time and respond intelligent, contents completely total commodity price index sign.Therefore, for carrying out the target of commodity price stability, the National Central Bank needs many on the trail of monitor commodity prices to change a circumstance.
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