With the intensification of the financial crisis in 2008, central banks cut rates sharply and rapidly ran into the zero interest rate bound, necessitating a recourse to non-conventional measures.
當(dāng)2008年金融危機(jī)不斷加劇時(shí),幾大中央銀行大幅降息,并很快到達(dá)零利率邊界,這使它們不得不采取非常規(guī)政策措施。
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