Exactly a year ago this week, the mood in the financial markets started to darken markedly. As 2015 had drawn to a close, financial markets had seemed to have weathered the first increase in US interest rates since 2006 in reasonable shape. The Federal Open Market Committee had telegraphed its step to tighten policy in December 2015 with unparalleled clarity. Forewarned, it seemed, was forearmed for the markets.
就是在一年前的这个时候，金融市场情绪开始明显恶化。2015年临近结束时，金融市场似乎以理性的姿态经受住了自2006年以来美国的首次加息。2015年12月美国联邦公开市场委员会(FOMC)无比清晰地传达了收紧政策的计划。预先警告似乎是让市场提前准备。
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