金融英语阅读：China may raise interest rates this weekend

会计考友

　　China's central bank may raise interest rates this weekend to enshrine its shift to a "prudent" monetary policy in the face of rising inflation, Reuters reported on Dec 7, citing the China Securities Journal.
　　The paper said that this weekend offered a "sensitive window" for a rate rise, which would be the country's second in its current tightening cycle.
9 [: i* R$ i. x3 ~　　The newspaper said the timing was right for such a move with official monthly economic indicators, notably the consumer price index (CPI), likely to show an increase in inflationary pressure when released on Monday, Dec 13.
$ a7 Q0 H- I" I  ]　　"With reference to the central bank's record of raising interest rates just ahead of the release of CPI, this weekend will provide a window for a possible policy change," the newspaper said, without citing any source.
　　China's CPI in November may have risen to a 27-month high of 4.7 percent from a year ago, according to a Reuters poll, up from a 4.4 percent pace in October.
　　The newspaper added that the expected interest rate increase would form part of China's new monetary policy stance.
9 O, u) M9 b" F. u3 {  a" c' E　　The country's top leadership said last week that Beijing was switching to a "prudent" monetary policy instead of its earlier "moderately loose" stance, paving the way for future monetary policy tightening.