quantitative easing

One worry about the programme of quantitative easing is that it will stoke inflation.

有一项担忧是关于大规模纾困项目的,即这项计划会诱发通货膨胀.

So the boost from quantitative easing could prove limited.

因此,定量缓和的复苏效果有限.

Across the world, equity market capitalisation has risen by more than$ 18tn. Quantitative easing may have been a necessary evil, but the way it was done favoured a small cadre.

全世界股市市值增长了18万亿美元以上。量化宽松政策可能已是必要的恶，但其执行方式仅有利于一小部分人。

Yet quantitative easing is no silver bullet.

然而量化宽松并不是一剂强心针.

One fear among banks is that long-term interest rates, which have been pushed down by central banks buying government bonds through quantitative easing, could rise suddenly as liquidity is withdrawn too fast.

银行普遍担忧的一点是，业已被央行购买国债的量化宽松之举压低的长期利率，可能会因流动性过快撤出而骤升。

Quantitative easing, however, is messy.

然而，定量宽松却是一团乱麻。

Remember the Bank of Japan pushed rates to zero, launched quantitative easing and assorted programmes to jump-start lending-all while the government ran substantial budget deficits-and still Japan remained mired in deflation.

曾记否：日本央行（BoJ）曾将利率降至零水平，并推出量化宽松政策和各色计划以鼓励放贷，与此同时日本政府一直维持着极高的财政赤字&然而日本还是身陷通缩的泥潭。

Increasing expectations the Federal Reserve will pump more money into the US economy next month under a policy known as quantitative easing sent the dollar to new lows against the Chinese renminbi, Swiss franc and Australian dollar.

目前各方日趋预期，美联储（Fed）将在下月按照所谓的定量宽松政策，向美国经济注入更多资金。这种预期昨日导致美元兑人民币、瑞士法郎和澳元创下新低。