Chaos theory proposes that a butterfly flapping its wings in one place can cause a tornado in another. Similarly, the recent failure of a niche California US tech lender this week pushed an unrelated Swiss bank close to collapse. Time for central bankers to acknowledge that with risks unpredictable, rate policy must be more cautious.
按照混沌理论，一只蝴蝶在一个地方拍打翅膀会在另一个地方引起龙卷风。类似地，加州一家面向美国科技行业的银行最近倒闭，本周把一家不相关的瑞士银行推到濒临倒闭的悬崖边缘。央行官员现在应该承认，面对不可预测的风险，利率政策必须更加谨慎。
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