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今年的8月20日,中国人民银行《中国股票市场发展与货币政策完善》课题组提交的一份报告认为,央行在货币政策操作时对股票市场的价格波动应予以充分关注。与之相应的是,当前世界各国的中央银行对诸如股价和房价等重要资产价格与货币政策的关系也正给予日益密切的关注。《中国货币市场》经斯蒂芬·金·凯奇博士授权,翻译发表此文。凯奇提博士还将继续为本刊就全球财经焦点话题作专题评述。
On August 20 this year, a report submitted by the PBC’s research group entitled “Development of China’s Stock Market and Improvement of Monetary Policy” held that the central bank should pay due attention to the price fluctuations in the stock market during the operation of monetary policy. Correspondingly, the central banks in various countries in the world are also paying increasing attention to the relationship between the prices of important assets such as stock prices and housing prices and monetary policy. Authorized by Dr. Stephen King Cage in “China’s Money Market”, translated and published in this article. Dr. Ketchi will also continue to provide thematic review on the topic of global financial focus for this magazine.