deflation policy

英 美
  • 紧缩政策
    1. Until credit starts to revive, the ECB cannot think about tightening policy.
      不到信贷开始复苏,欧洲央行就不能考虑紧缩政策。
    2. Tighter policy may push down long-term interest rates, boosting some asset markets further.
      一方面,紧缩政策可能会拉低长期利率,进一步刺激资产市场的繁荣。