The world in the "interest rate storm" of inflation gaining momentum.

<P>: Http://finance. News, the most recent period, the spread of global interest rate of the wind. .International investment bank Lehman Brothers on July 26 of that global funds are being accumulated at an unprecedented rate, low interest rates has no benefit in Government's expansionary policy, but led to rising asset prices, inflation gaining momentum. .</ P> <P> the most recent period, central banks have to rebalance its economy, a surge of interest rate frenzy is brewing. .</ P> <P> Today, countries around the world are closely linked to the economy, said that "affect the situation as a whole." .China's central bank raised interest rates after the tax cuts, both Japan and New Zealand, are subject to a corresponding impact. .In this regard, Lehman Brothers economist Sun Mingchun that many foreign funds will be withdrawn as soon as the slow growth of the U.S. market, the flow of high-risk high-yield market. .</ P> <P> Chinese exports since the inflation potential </ P> <P> some time ago by the Chinese interest rates and other factors, the U.S. cost of goods imported from China began to increase, it can not help but mention the global central bankers .had a wake up, they need to pay the appropriate price for globalization. .</ P> <P> former Federal Reserve Chairman Alan Greenspan who said last month that, in May, the United States on China's import prices increased 0.3%, the first indication that China's cheap products deflationary pressure is waning. .June, import prices rose again to 0.3% since December 2003 as the largest continuous growth. .While monetary policy makers want to trade growth, capital flows and accelerate the record and other commodity prices remain within the control, however, including the Bank of England Governor Mervyn King, New Zealand, including Federal Reserve Chairman Xibolade Many officials said it could .interest rates or interest rates remain high. .</ P> <P> Morgan Stanley's chief global fixed assets in London, said economists JoachimFels, compared with the previous, current national monetary policy on domestic inflation will not play a big role, and this issue .Clearly troubled by central bankers has become their biggest problem. .</ P> <P> countries have to raise interest rates move </ P> <P> Recently, the world's major economies, the central bank sector continues to spread the news of rate hikes. .Bank of Korea announced on July 12 raised interest rates six-year high of 4.75% since October 2005 is the sixth since the monetary tightening moves. .Many economists expect another rate hike in the year, reaching 5% level. .</ P> <P> Litai Cheng said the South Korean central bank, the bank's record loans to SMEs, may accelerate the stock market and asset market bubbles, the central bank has to pay attention to this. .Bank of Korea will be the next monetary policy meeting held on August 9. .Analysts predict that economic growth in South Korea in the second quarter strong, may lead the central bank reason to increase interest rates again. .</ P> <P> the European Union said yesterday that the bank because of economic development and strong growth in money and credit supply factors, the European Central Bank may raise interest rates before the end of 2007 twice. .European Central Bank in June raised its benchmark interest rate of 4%, reaching a high of 6 years. .European Central Bank President Jean-Claude Trichet said in July that investors expected in September or October will be another rate hike might be right. .</ P> <P> New Zealand's central bank announced on July 26 raised the benchmark rate to a record high of 8.25%, but that will not implement further tightening. .RBNZ Governor Alan Bollard said the continuing tight labor market, crude oil and food prices, inflationary pressures have increased, leading to the rate hike behavior. .</ P> <P> ChotaroMorita Deutsche Bank analysts said the adjustment of the U.S. housing market may be persuaded to abandon the market expected the Bank of Japan rate hikes in August. .Adjustment of the U.S. housing market has been the Bank of Japan in April is recognized as Japan's economy risks. .July 26, the Bank of Japan said the governing wild Tianzhong men, do not rule out the Bank of Japan rate hike in August. .</ P>.