Fed needs to ignore ‘taper tantrums’ and let longer rates rise 美聯(lián)儲應(yīng)從“嬰兒睡眠訓(xùn)練”中得到啟示
Central bank should take its cue from a baby sleep training technique 伯恩斯坦:允許長期利率上升固然會引發(fā)市場波動,但美聯(lián)儲不應(yīng)過度縱容投資者的脾氣,因?yàn)槊绹?jīng)濟(jì)的長期健康取決于投資者的自我撫慰能力。