日前,央行宣布自2015年5月11日起降息,预计此次降息对货币市场和资本市场不会造成过大波动,与其他各项经济改革政策一样,目标明确而又把握了政策推出的最佳时机。此次政策调整恰逢其时,可谓春雨润物细无声,我们可以从三个方面来解读。首先,此次降息仍然是深化改革诸多环节中的一环,不能仅仅看成是货币政策的宏观调控,实际上也是利率市场化进程又向前迈出了一步。具体来 Recently, the central bank announced that it will cut interest rates on May 11, 2015. It is expected that the interest rate cut will not cause excessive volatility in the money market and capital market. Like other economic reform policies, the central bank will set a clear target and grasp the most Good time. The policy adjustment coincided with the timing, it can be said that spring rain moisten things silently, we can interpret from three aspects. First of all, the interest rate cut is still one of the many links in deepening the reform. It can not be seen merely as a macro-control of monetary policy. In fact, the process of marketization of interest rates has taken another step forward. Specifically