With the intensification of the financial crisis in 2008, central banks cut rates sharply and rapidly ran into the zero interest rate bound, necessitating a recourse to non-conventional measures.
当2008年金融危机不断加剧时,几大中央银行大幅降息,并很快到达零利率边界,这使它们不得不采取非常规政策措施。
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