When interest rates fall, bond prices rise, and vice versa.
当利率下降,债券的价格会上升,反过来一样。
When interest rates fall, the opposite effect on asset prices may be predicted.
而当利率调低时,人们就能预测其会对资产价格产生相反的作用。
When asked what he meant by that, Mr Trichet said that when interest rates fall to “very, very low” levels it is hard to raise them again.
当被问及其意指如何时,特先生回答道,当利率降到“非常、非常低”的水平时,再想提息就难了。
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