Since July 7, 20 1 1, the People's Bank of China has raised the benchmark interest rate for one-year deposits and loans of financial institutions by 0.25%, and the benchmark interest rates of other grades have been adjusted accordingly. D

Analysis of test questions: raising interest rates by banks will change consumers' investment intentions and curb consumer demand at the same time. Moreover, because the loan cost will increase, it will reduce the investment scale of enterprises, thus curbing the price increase and bringing down prices. Therefore, choosing D. Raising interest rates by banks may lead to a decline in stock prices. ① Don't choose; A rise in interest rates will increase the profits of banks.