Markets’ rocky start to the year owes more than a little to the expectation that the Federal Reserve might hike rates over the coming months. By the end of the year, it might also shrink its vast balance sheet.
今年市场的动荡开局很大程度上是因为投资者预期美联储可能在数月内加息。到今年底，美联储还可能收缩其庞大的资产负债表。
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