相反的，美国联储直至去年上半年仍追随低息至有效的负利息政策。由六月份起始进行紧缩周期。

In contrast, the US Fed still pursued an accommodative policy of low, to effective negative interest rates up through the first half of the year, commencing its new tightening cycle in June.

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他成就了 1-5年的纯利息贷款，还有彻底荒谬无比的负利息贷款，可在1-5年间不必偿还本金。

He fashioned interest-only loans from 1 to 5 years, and theutterly preposterous negative-interest loans with an option not to pay on theprinciple between 1 to 5 years.

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“负分期付款”抵押借款甚至可允许人们每月仅付部分利息，并将剩余部分加到贷款本金中，增加的是其贷款额，并不是存款额。

"Negative amortisation" (neg-am) mortgages even let people pay only part of their interest each month and to add the rest to the principal, increasing their debt, not their savings.

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