???:????400????? ??????“???”

???????,2?25?,????????400??7???????,?????????

???:??????? ?????

?????????????????,??(2?20?)???(2?22?)?????200??400?,????????600?,????????,?????600???

?????,???Shibor????,??????????,?????40.1bp?2.431%,7???20.1bp?2.6%,14???10.9bp?2.518%??????????,??????????????????

???????,??????????????,2?25?,???????????20???,?6.7131,?2?1?????,????????

???????«2018???????????????»?,???????????,????“???????????,?????????2018?12????????????2.57%,??????34???”????????,?????????“???,???”??,????????????????

??,??????? “?????????????”,??????????????,???????????????????,????????????

????????,???,????????????????,?????????????????,??????????

?????,??????,??????,?????????????,????????????,???????????????????????,??2???????????

??,?????1?????????????????1??,????(M2)?????????????,?????????????????,????????“????”???????,????????????????,?????????????????“??”???????????????,????????????,?????????,???????????,???????

???????????,???????????,????????????????????????,???????????????????????,??????????,??????????????????????,????????????(QE)???

????:???????? ???????(?)
????:???????????? ??????????
????:????2016?GDP??6.7% ????!????????
????:???9??????????? ??????27.1%
????:???????? ??????????????
????:???????5? ??????????3.443??
????:?????-?????11?????????? ?????????????????89???
????:?40???????? ???????????