This monetary ease showed up quickly in flexible commodity prices, but has yet to feed through into the price of other goods, such as manufactures, many of which Australia imports.

宽松的货币环境很快体现在了弹性较好的商品价格上，但到目前为止还没有反映到其他商品，比如制造品(澳大利亚是这类商品的进口者)的价格上。

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Economies where inflation and credit growth are already high and budget deficits large, such as India, have less room to ease monetary or fiscal policy if the economy weakens.

那些例如印度这样的通胀和赤字增长高企，财政赤字又大的经济体，一但经济走弱缓冲货币或财政政策的空间较小。

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Analysts believe that the move to further cage liquidity in the market, control of rising prices, ease monetary factors of high inflation pressures.

分析人士认为，此举意在进一步回笼市场的流动性，控制物价上涨的货币因素，缓解居高不下的通胀压力。

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Yet, pundits seem to think that monetary ease without the contribution of lower interest rates will be greater, not less.

FORBES: 'Quantitative Easing' Is A Toxic Phrase for a Routine Policy

However, without an associated further decline in interest rate, the impact of further monetary ease will likely still be positive, but less so.

FORBES: 'Quantitative Easing' Is A Toxic Phrase for a Routine Policy

Fortunately the U.S. does not yet suffer Japan's structural deadweights, but the Fed could still make the mistake of thinking that easing interest rates is the equivalent of monetary ease.

FORBES: Fact and Comment