Markets’ rocky start to the year owes more than a little to the expectation that the Federal Reserve might hike rates over the coming months. By the end of the year, it might also shrink its vast balance sheet.
今年市場的動盪開局很大程度上是因爲投資者預期美聯準可能在數月內加息。到今年底，美聯準還可能收縮其龐大的資產負債表。
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