Continuing sterilization will impose on structuralinflation, interest rate improvement and the expectation of the RMB s appreciation.
如果继续进行冲销操作将加大结构性通货膨胀的压力,加大继续提高利率的压力,加大人民币预期升值的压力。
2
For the United States, the consequence was elevated consumption facilitated by asset price inflation, easy underwriting standards for credit and structural budget deficits.