利率是资金的价格,很大程度上决定了各种资产的回报率,以及资本市场里投资者的投资业绩。因此,我们面对的一个价值万金的问题是:利率是如何决定的?货币政策传导机制所谓货币政策传导机制,是中央银行通过在金融市场的货币收放来影响宏观经济的整个过程。这个过程包括两个环节——中央银行的基础货币投放和商业银行的广义货 Interest rates are the price of money, which largely determines the rate of return on various assets and the investment performance of investors in the capital markets. Therefore, we face a problem worth asking: How is the interest rate determined? The Monetary Policy Transmission Mechanism The so-called monetary transmission mechanism is the entire process by which the Central Bank affects the macroeconomy through the monetary acceptance in the financial markets. This process includes two aspects - the central bank’s monetary base and commercial banks, general merchandise