The Fed has obviously chosen to risk letting the inflation genie out of the bottle, and is probably betting on the economic slowdown to keep the cork in place.

美联储显然已决定冒险尝试放出通胀这个“瓶中妖怪”，并且有可能是在打赌经济低迷会把瓶塞子堵上。

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The question is, after that, will they be able to keep the inflation genie in the bottle or will they have to keep raising interest rates to keep the cork in?

NPR: Doing the Math on Inflation Figures

Allowing just a bit more inflation out of the bottle would also make it easier for countries to get out from under the mountains of debt they have taken on in recent years (they would be paying the debt off with inflated currencies).

FORBES: The Perils Of Leaving Interest Rates Low

Letting the inflation genie out of the bottle could trigger 1970s-style stagflation.

FORBES: With The Twist, The Federal Reserve Is Pushing On A String