• The central Banks' credibility depends on being prepared to do two unpopular things: raising interest rates, despite the economic pain, and letting financial institutions fail.

    中央银行信誉就是建立时刻准备做出不受欢迎的决定的基础上:不顾经济苦难而提高利率以及放手让部分金融机构崩溃。

    youdao

  • The central Banks' credibility depends on being prepared to do two unpopular things: raising interest rates, despite the economic pain, and letting financial institutions fail.

    中央银行信誉就是建立时刻准备做出不受欢迎的决定的基础上:不顾经济苦难而提高利率以及放手让部分金融机构崩溃。

    youdao

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