Inflation can be tamed - experts
文章来源: 文章作者: 发布时间:2007-10-15 08:03 字体: [ ]  进入论坛
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Oct. 15 - The strong economy will not spiral out of control as the authorities may tighten1 controls even more to keep it on track, economists3 have forecast.

 

The consumer price index (CPI) surged to 6.5 percent in August, a 10-year high, triggering worries that it is picking up too much steam.

 

The September figure may hover4 above 6 percent, according to various forecasts.

 

But Zhu Baoliang, a senior economist2 with the State Information Center (SIC), said: "It will probably stabilize5 this month and it may reach 4.3 or 4.4 percent by the year-end."

 

There is ample supply of most commodities, although food and housing prices are on the rise, he said, implying the inflationary pressures will not persist.

 

A key factor is the price of grain, according to Song Guoqing, senior economist with Peking University - if it rebounds6 in the coming months, it will exert greater pressure on overall inflation, he said.

 

As asset prices are driven up by excessive liquidity7, they may ultimately spill over into other sectors8, said Zhuang Jian, senior economist with the Asian Development Bank in Beijing.

 

But that can be reined9 in, he said, since government measures can still play a large role in cooling down prices.

 

The CPI may reach about 4.2 percent for the whole year with the proviso that the index not rise as strongly as in recent months, Zhuang said.

 

Other indicators10 also worry analysts11. The broad measure of money supply, or M2, rose by 18.5 percent by the end of September, 1.39 percentage points higher than the average of the first half of the year.

 

Various forecasts have put gross domestic product growth at above 11 percent for this year, while the government suggested 8 percent would be the most desired for a sustainable and healthy economy.

 

The central bank's monetary12 policy committee late last month said it would continue to adopt a "moderately tight" monetary policy.

 

"In my view, regulatory measures may be further tightened13 in the wake of the 17th Party congress," Zhuang said.

 

Zhu from the SIC said the State should not only tighten monetary policy, but adjust fiscal14 policies.

 

"It should reduce the fiscal deficit," he suggested.

 



点击收听单词发音收听单词发音  

1 tighten 9oYwI     
v.(使)变紧;(使)绷紧
参考例句:
  • Turn the screw to the right to tighten it.向右转动螺钉把它拧紧。
  • Some countries tighten monetary policy to avoid inflation.一些国家实行紧缩银根的货币政策,以避免通货膨胀。
2 economist AuhzVs     
n.经济学家,经济专家,节俭的人
参考例句:
  • He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
  • He's an economist who thinks he knows all the answers.他是个经济学家,自以为什么都懂。
3 economists 2ba0a36f92d9c37ef31cc751bca1a748     
n.经济学家,经济专家( economist的名词复数 )
参考例句:
  • The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
  • Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》
4 hover FQSzM     
vi.翱翔,盘旋;徘徊;彷徨,犹豫
参考例句:
  • You don't hover round the table.你不要围着桌子走来走去。
  • A plane is hover on our house.有一架飞机在我们的房子上盘旋。
5 stabilize PvuwZ     
vt.(使)稳定,使稳固,使稳定平衡;vi.稳定
参考例句:
  • They are eager to stabilize currencies.他们急于稳定货币。
  • His blood pressure tended to stabilize.他的血压趋向稳定。
6 rebounds 87b0c2d1da6e752183ab26d425c5acd4     
反弹球( rebound的名词复数 ); 回弹球; 抢断篮板球; 复兴
参考例句:
  • V is the velocity after the gas particle rebounds from the wall. V是粒子从壁上弹开后的速度。
  • In the former case, the first body rebounds with practically its original velocity. 在前一种情况下,第一个物体实际上以原来的速度弹回。
7 liquidity VRXzb     
n.流动性,偿债能力,流动资产
参考例句:
  • The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
  • The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。
8 sectors 218ffb34fa5fb6bc1691e90cd45ad627     
n.部门( sector的名词复数 );领域;防御地区;扇形
参考例句:
  • Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
  • Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》
9 reined 90bca18bd35d2cee2318d494d6abfa96     
勒缰绳使(马)停步( rein的过去式和过去分词 ); 驾驭; 严格控制; 加强管理
参考例句:
  • Then, all of a sudden, he reined up his tired horse. 这时,他突然把疲倦的马勒住了。
  • The officer reined in his horse at a crossroads. 军官在十字路口勒住了马。
10 indicators f46872fc1b5f08e9d32bd107be1df829     
(仪器上显示温度、压力、耗油量等的)指针( indicator的名词复数 ); 指示物; (车辆上的)转弯指示灯; 指示信号
参考例句:
  • The economic indicators are better than expected. 经济指标比预期的好。
  • It is still difficult to develop indicators for many concepts used in social science. 为社会科学领域的许多概念确立一个指标仍然很难。
11 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家,化验员( analyst的名词复数 )
参考例句:
  • City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
  • I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。
12 monetary pEkxb     
adj.货币的,钱的;通货的;金融的;财政的
参考例句:
  • The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
  • Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
13 tightened bd3d8363419d9ff838bae0ba51722ee9     
收紧( tighten的过去式和过去分词 ); (使)变紧; (使)绷紧; 加紧
参考例句:
  • The rope holding the boat suddenly tightened and broke. 系船的绳子突然绷断了。
  • His index finger tightened on the trigger but then relaxed again. 他的食指扣住扳机,然后又松开了。
14 fiscal agbzf     
adj.财政的,会计的,国库的,国库岁入的
参考例句:
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
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