Until credit starts to revive, the ECB cannot think about tightening policy. 不到信貸開(kāi)始復蘇,歐洲央行就不能考慮緊縮政策。
Tighter policy may push down long-term interest rates, boosting some asset markets further. 一方面,緊縮政策可能會(huì )拉低長(cháng)期利率,進(jìn)一步刺激資產(chǎn)市場(chǎng)的繁榮。