But as long as they are targeting inflation it seems unlikely that further easing would occur during a period where two adverse supply shocks are driving up inflation expectations.
当前时期,两种不利供给冲击正在推高预期通胀率,只要美联储以通货膨胀为目标,近期就不大可能实行进一步的量化宽松。
In theory price-level targeting is superior to inflation-targeting because it provides more certainty about the long-term purchasing power of money.
从理论上来讲,价格水平目标制优于通货膨胀目标制,其原因是它更为确定货币长期的购买力。
Now it seems to be recognised that inflation targeting is not enough.
现在看来必须承认,通胀目标是不够的。
Some market participants now regard it as DE facto inflation-targeting.
实际上,一些市场参与者把这认为是努力实现通货膨胀。
If, however, a central bank were to pre-announce that it was targeting 6 per cent inflation in 2010 and 2011, and 2 per cent thereafter, the plan would probably not succeed.
不过,如果央行打算提前宣布,2010和2011年的通胀目标是6%,此后变为2%,那么该计划很可能无法成功。
Because both the FPC and the MPC rely on a monetary-transmission mechanism that operates through Banks, it isn't clear that inflation-targeting and liquidity maintenance can be so neatly separated.
因为FPC和MPC都依赖于银行之间运行的货币传递机制,要把通胀目标和维持流动性分开并不容易。
And I believe that China will benefit from them in the future after it puts inflation targeting into practice.
相信这些都会对我国以后实行通货膨胀目标制有所启迪。
In the last chapter, it states that the inflation targeting has ever been questioned, but this can not prevent it being carried out in our country.
在文章的最后一章里,说明了通货膨胀目标制也曾被人质疑,不过这并不妨碍它在我国的实行。
But it also draws a conclusion that it is not suitable for China to use the inflation targeting at once, and that it can be implemented gradually.
同时也得出一个结论:我国目前并不适合立刻采用通货膨胀目标制,但却可以以渐进的方式来实行。
But it also draws a conclusion that it is not suitable for China to use the inflation targeting at once, and that it can be implemented gradually.
同时也得出一个结论:我国目前并不适合立刻采用通货膨胀目标制,但却可以以渐进的方式来实行。
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