The strife in Libya is a good reason for investors to go “risk-off”. There are many others: high levels for fiscal deficits, inflation and debts, freakily low policy interest rates, poor global co-ordination, possible Chinese property and commodity bubbles, and even an earthquake in New Zealand. Scary stuff, but where can safety-searching investors go?
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人为低利率政策 man-made low interest rate policy
比如说,几位经济学家就提出过令人信服的观点,认为低政策利率会导致证券化市场上杠杆式投机的范围加大。
Several economists have argued convincingly, for instance, that low policy rates fuelled broader leverage growth in securitised markets.
靠原计划的增加公共基础设施投入,以及低官方利率政策,不足以对抗负面因素。
The planned increase in public infrastructure spending and lower official interest rates will be insufficient to counterbalance these negative forces.
贴现率是一个联邦可改变的政策,并且它比联邦资金利率通常,低五十个基本点。
The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.
The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.
贴现率是一个联邦可改变的政策,并且它比联邦资金利率通常,低五十个基本点。
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