At the end of 2018, policymakers were still assessing the immediate effects of Donald Trump’s trade wars. The US Federal Reserve and the European Central Bank both believed that the damage to their domestic economies would be small and temporary, leaving them on course to “normalise” monetary policy by raising policy interest rates as inflation rose towards target.
2018年末的時(shí)候，各國的政策制定者仍在評(píng)估唐納德?特朗普(Donald Trump)發(fā)起的貿(mào)易戰(zhàn)的直接影響。美聯(lián)儲(chǔ)(Fed)和歐洲央行(ECB)都認(rèn)為，美國和歐元區(qū)經(jīng)濟(jì)受到的損害將是輕微和暫時(shí)的，因此，隨著通脹升至目標(biāo)水平，他們將可以通過上調(diào)政策利率，使貨幣政策“正常化”。
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