At the end of 2018, policymakers were still assessing the immediate effects of Donald Trump’s trade wars. The US Federal Reserve and the European Central Bank both believed that the damage to their domestic economies would be small and temporary, leaving them on course to “normalise” monetary policy by raising policy interest rates as inflation rose towards target.
2018年末的時候，各國的政策制定者仍在評估唐納•川普(Donald Trump)發起的貿易戰的直接影響。美聯準(Fed)和歐洲央行(ECB)都認爲，美國和歐元區經濟受到的損害將是輕微和暫時的，因此，隨著通膨升至目標水準，他們將可以通過上調政策利率，使貨幣政策「正常化」。
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