美联储

Leader_Taper tantrums-US markets need not fear the Fed. Those elsewhere should
FT社评:谁该为美联储退出QE焦虑?


美国市场利率上涨会影响其他市场,从而造成不小的损失。欧洲的信贷状况可能会收紧,这将令欧洲各央行的工作更加棘手;而严重依赖富国流动性的新兴manbetx20客户端下载 体损失将更大。

The nervous fit that characterises US financial markets today illustrates how addicted they have become to the Federal Reserve’s continuing injection of exceptional liquidity. But however upset financiers are that the Fed may soon “taper” the medication it is administering in the form of asset purchases, this move will only take place because the US economy is strong enough to stand on its own feet. That will be good for its financial markets too. The rest of the world has more cause to worry.

目前美国金融市场紧张的氛围表明,他们已经多么离不开美联储(Fed)持续为市场注入的超常流动性。但不管金融界人士对美联储可能很快“逐步退出”资产购买计划有多不爽,退出行动只会在美国manbetx20客户端下载 已能够自立的情况下才会开始。美国manbetx20客户端下载 能够自立,对美国金融市场也是个好消息。相反,其他国家才更有理由担忧。

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