There is increasing concern that we may be experiencing another round of asset-price bubbles that could pose great danger to the economy. Does this danger provide a case for the US Federal Reserve to exit from its zero-interest-rate policy sooner rather than later, as many commentators have suggested? The answer is no.
人們日益擔心,我們可能正面臨著新一輪資產價格泡沫,它可能給經濟帶來極大危險。那么,美聯儲是否應以此為由,采納眾多評論家的建議,盡早退出“零利率”政策?答案是否定的。
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