The last time the Federal Reserve raised its target interest rate, the decision did not seem such a big deal. It was June 29, 2006, US inflation was running at 4 per cent, stock markets had been rising unremarkably for 18 months, and
美聯準(Fed)上次上調目標利率的時候,那次決定似乎算不上什麼大事。那是2006年6月29日,美國的通膨率爲4%,股市已經連續18個月平緩上漲,每個人都知道加息將要到來。
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