Central banks must not let market volatility halt their plans to retreat from crisis-fighting monetary policies, the Bank for International Settlements has warned ahead of the expected first rate rise by the US Federal Reserve in nine years.
美联储(Fed)预计将进行9年来首次加息前夕,国际清算银行(BIS)警告称,各国央行不能让市场波动阻止其退出应对危机的货币政策。
While the current “uneasy calm” in financial markets threatened to blow up into bouts of financial turmoil, with clear tensions between markets’ behaviour and underlying economic conditions, such a threat should not dissuade monetary policymakers from taking the first steps towards tighter monetary policy, the BIS argued in its latest quarterly review.
国际清算银行在其最近的季度回顾中表示,尽管当前金融市场“令人不安的平静”可能酿成金融动荡,市场行为和根本经济状况之间明显存在紧张,但是此类威胁不应该阻碍货币政策制定者迈出收紧货币政策的第一步。
“At some point, [the tension] will have to be resolved,” said Claudio Borio, head of the BIS’s monetary and economic department. “Markets can remain calm for much longer than we think. Until they no longer can.”
“在某一时刻,(这种紧张)将不得不得到释放,”国际清算银行货币和经济部负责人克劳迪奥娠里奥(Claudio Borio)称,“市场保持平静的时间可能比我们认为的更长。直到它们无法再保持平静。”