A number of institutions have found it difficult to tighten monetary policy recently

(Reporter Li Joe) "Some hand-held large funds of the FRY in the first-line city dog three not ' practice, that is, do not ask huxing, do not ask the lot, do not ask price, one-time buy dozens of sets.　　"Liu Yuhui, director of the China Economic Evaluation Center of the Chinese Academy of Social Sciences, described the investor's enthusiasm to the Beijing morning News reporter yesterday." Although China's CPI (consumer price index) is still negative, but because the world's large-scale currency to stimulate the economy, inflation is expected to be more and more strong, the hope that the value of value-added funds are again eyeing the real estate.　　According to the study report of the Yi Ju (China), because of the increasing risk of inflation, a large number of people with high purchasing power with idle funds are putting money into the more secure first-tier urban high-end real estate in order to avoid risk. Frank Gong, JPMorgan's chief economist for China, says the real inflation is unlikely to occur within the next 12-18 months, but inflation expectations are heating up as investors fret about future inflation.　　He said the best hedge against inflation expectations was real estate.　　Jian, analyst at the northeastern Securities Finance and Industry Research Institute, in a recent study entitled "More attractive investment in property stocks under inflationary expectations", said inflation expectations were global. Affected by the financial crisis caused by the U.S. subprime mortgage crisis, governments have lowered interest rates and released liquidity to save the economy.　　Since March this year, the world's major stock markets have rebounded sharply, crude oil, gold and non-ferrous metals and other commodity prices have also seen a sharp rise. As to whether the government will tighten monetary policy to prevent inflation, jian that the main contradiction in the near stage is still how to maintain the steady economic growth, prevent inflation and the implementation of real estate macro-control and curb the excessive price rise is not the current principal contradiction. The likelihood of tightening monetary policy in the second half of this year is not too strong, as the economy has not stabilised and the housing recovery remains uncertain.