The macro economic condition that set up the crisis stemmed in part from policy choices: the Federal Reserve ignored the housing bubble and kept short-term interest rates too low for too long.
宏观经济条件激发了危机,但部分原因是政策的选择:联储忽视了房市泡沫并且让利率在低水平停留了太长的时间。
The macro economic condition that set up the crisis stemmed in part from policy choices: the Federal Reserve ignored the housing bubble and kept short-term interest rates too low for too long.
宏观经济条件激发了危机,但部分原因是政策的选择:联储忽视了房市泡沫并且让利率在低水平停留了太长的时间。
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