"Essentially, the Fed cannot cut interest rates," said Clarida.

克拉里达说：“本质上，美联储无法继续降低利率。”

youdao

Clarida sees quantitative easing as a guard against deflation, which could cause America's economic recovery to stall.

美国前财政部官员克拉里达将量化宽松看作防止通货紧缩的方法，通货紧缩可能导致美国经济的复苏出现停滞。

youdao

"The Fed is much more concerned about a deflationary outcome of falling prices than it is about a rise in inflation three or four years from now," said Clarida.

克拉里达说：“美联储更担心价格下降造成的通货紧缩，而不是从现在开始的3、4年里通货膨胀的上升。”

youdao