Low real rates have propped up asset markets this year as investors have been forced into riskier assets like equities, corporate bonds and even commodities in search of higher returns.
较低的实际利率对今年的资产市场形成了支撑，投资者被迫购进诸如权益，公司债券甚至大宗商品等风险资产以追求更高的收益。
Interest rates were low and set to remain so; corporate profits were strong; and the buoyancy of emerging markets would offset any lingering weaknesses in the developed economies.
因为当时的利率低，而且似乎会继续保持这种低水平；企业利润丰厚；新兴市场的股票回升会抵销发达经济体中残存的缺陷。
Raising rates is not necessarily the answer: with a VAT of 12% and corporate income tax of 30%, taxes are not low.
提高税率不是根本的解决方式：12%的增值税和30%的所得税并不低了。
On the other hand, the implication of low interest rates is that the outlook for economic growth, and thus corporate profits, is extremely subdued.
另一方面，低利率意味着经济增长和公司盈利的前景特别堪忧。
On the other hand, the implication of low interest rates is that the outlook for economic growth, and thus corporate profits, is extremely subdued.
另一方面，低利率意味着经济增长和公司盈利的前景特别堪忧。
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