People's Bank Financial Institutions decided

People's Bank Financial Institutions decided to slightly raise benchmark deposit and lending interest rates PBC decided that from July 21, 2007 yuan from the financial institutions raise benchmark deposit and lending rates. Financial institutions, one-year benchmark deposit rate by 0.27 percentage points , from the current 3.06% to 3.33%; one-year benchmark lending rate 0.27 percentage points increase from the current 6.57% to 6.84%; other grade benchmark deposit and lending interest rates are adjusted accordingly. personal housing accumulation fund loan interest rate adjusted upwards 0.09 percentage points. The interest rate adjustment will help make a reasonable monetary credit and investment growth; help regulate and stabilize inflation expectations, the basic level to ensure price stability in the total.Jun onwards interest from the current 20 percent tax rate reduced to 5% recent phase, stagnant stock market trends, both long and short not to act rashly! one is to wait for the National Bureau of Statistics published in the first half, and in June economic data (out yesterday), basically in people's expectations, hence the performance of the Shanghai and Shenzhen stock markets relatively calm, its effect has been the market more and digest!