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It has long wanted to "normalise" monetary policy, raising rates to somewhere near 2.5-3%, but darkening economic clouds abroad and at home keep conspiring to prevent that.

长期以来,中央银行试图通过把利率提升到2.5-3%的范围以期实现货币政策的正常化,但是国内外的经济的阴霾联合起来阻止了这一计划。

Central bankers' mistake then was to hold monetary policy too loose, so that higher oil prices quickly fed into other prices.

当时中央银行的主要错误在于货币政策过于宽松,以至于高油价迅速推升了其他的价格。

Central bankers' mistake then was to hold monetary policy too loose, so that higher oil prices quickly fed into other prices.

中央银行接下来的错误是采取过于宽松的货币政策导致高油价迅速蔓延到其他商品价格。

Central bankers' mistake then was to hold monetary policy too loose, so that higher oil prices quickly fed into other prices.

那时中央银行的银行家们犯的错误是保持了一个过于宽松的货币政策,导致了高涨的石油价格迅速带动其他产品的价格的上升。

But Mr Trichet's concern is that higher headline rates could push up inflation expectations, leading to bigger pay demands, and so trigger a wage-price spiral, as in the 1970s. Central bankers' mistake then was to hold monetary policy too loose, so that higher oil prices quickly fed into other prices.

特里谢先生担心,现在的情况可能如同70年代一样,更高的整体通货膨胀率会提升通货膨胀预期,导致更大的支付需求,从而引发工资价格的螺旋上升。70年代各中央银行错在货币政策太宽松,从而使高油价迅速体现在其他价格当中。

Last year, it wrested control of the $200 billion China Investment Corporation, which had been bankrolled by the central bank.

最有可能的是,财政部简单的将其它政府机关的债券转移给中央银行,以增加其资本。

As in so many other markets, all eyes are on America's beleaguered central bankers.

如在其他市场那样,人们都在看着重围中的美国中央银行

But the trust placed in him by Mr Obama belies the public attitude to America's central bank.

但是奥巴马对他投-以的信任掩饰了公众对美国中央银行-态度。

And central bankers, especially the US Federal Reserve Chairman, have thrown caution to the winds and embarked on a Mugabe-esque course of "debauching the currency," to use Lenin's famous phrase, because of their belief that such actions are needed to avoid a repeat of the 1930s.

中央银行行长们,尤其是美联储主席,已经对金融形势表示警惕,并开始采取措施,因为他们相信为了避免30年代历史的重演,采取行动是必须的。

In most of the other small Asian economies, however, central banks have not been deluged by net inflows of short-term capital.

然而,在其他的小型亚洲国家,中央银行却没有遇到短期净资本涌入的情况。

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