The world is expecting the US Federal Reserve to start tapering its quantitative easing programme soon. This has increased market volatility. And, as in past episodes of Fed tightening, emerging markets are at the centre of the turmoil. But this time the adjustments taking place are the product of imbalances that originated in the developed world.
世界预期美联储(Fed)很快将逐步退出量化宽松计划。这一预期加大了市场的动荡。此外，正如以往美联储收紧货币政策时发生的情况一样，新兴市场目前正处于动荡的中心。但是，这次发生的调整是由起源于发达世界的种种不平衡造成的。
您已阅读8%（457字），剩余92%（5400字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。