在在其他因素不变的情况下，短期利率的降低会减小贴现因子，从而引起资产价格(即未来的现金流入的现值)上升。

Other things being equal, a reduction in short-term interest rates should bump up asset values, because their stream of future earnings is discounted by a smaller factor.

youdao

在在其他因素不变的情况下，短期利率的降低会减小贴现因子，从而引起资产价格(即未来的现金流入的现值)上升。

Other things being equal, a reduction in short - term interest rates should bump up asset values, because their stream of future earnings is discounted by a smaller factor.

youdao