But there is no universal prescription: each central bank must weigh the local risks that inflation will persist against the threat of deflation from overhanging debt and fragile Banks.

但是没有通用的处方：每个央行必须权衡自己当地的风险，与未偿债务和脆弱的银行引发的衰退相比通货膨胀将是持续的。

youdao

Israel acted in August, raising its key interest rate to 0.75% from 0.5%, responding to signs that the local economy had started growing and to fears that the inflation rate might pick up quickly.

以色列在8月份采取了行动，将其指标利率从0.5%上调至0.75%，原因是迹象显示以色列经济已经开始增长，而通货膨胀率可能迅速上升，也让人担心。

youdao

Armenia has also managed to slash inflation, stabilize the local currency (the DRAM), and privatize most small - and medium-sized enterprises.

亚美尼亚也已经成功地削减了通货膨胀，稳定了其货币(the dram)，并且完成了大多数小型和中型的企业的私有化。

youdao

After that, economies of scale kick in so that McDonald's can afford to raise menu prices more slowly than local inflation.

FORBES: Eating McDust

If local inflation remains higher than that of the country to which the currency is pegged, the currencies of countries with currency boards can also become overvalued and uncompetitive.

ECONOMIST: The ABC of a currency board

Many of the region's currencies are pegged to the dollar, an arrangement blamed for overheating local economies and importing inflation, which is as high as 11% in the UAE and 14% in Qatar.

FORBES: Magazine Article