机构变动将提高银行借用成本,最终导致不同部门之间的交叉补贴,但是,包括委员会自身,没有人确切估计成本的涨幅。
The changes would increase the borrowing costs of banks by ending cross-subsidies between their different bits, but no one, including the commission, is quite sure by how much.
摩根斯坦利的经济学家估计,房市火爆多少反映了如同收入增加和人口增长的持续变动。
The Morgan Stanley economists reckon the housing boom more or less reflected durable shifts such as rising incomes and population growth.
据他估计,消费者数据不但价格高昂,并且最多只能预测选举取向中的四分之一的变动情况。
Consumer data are expensive and can at most predict a quarter of the variance in voting preferences, he reckons.
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