An increase of interest rate

    China centre bank has announced an increase of interest rate had becomed inevitable because of concen about inflationary pressure .
    Now though ,fear of inflation ,once widly thought to be comsigned to the history book, besides once low rates had done their jobs of stimulating economy from concession .now
 they were others economy needs.and therefore, the big problem is how far ans how fast will take place.maybe each mouth, and the rate of interest might add up from 10 percent to 20 percent as the economy growth steadily.