What is behind global financial markets’ extreme moves since China’s decision to allow its currency to move to a managed float? One explanation is that investors increasingly fear that global disinflation is not a dragon that has been slain by muscular central bank measures, but a phoenix that is rising from the ashes.
自中國決定允許人民幣邁向“有管理的浮動”以來，全球金融市場經歷了極端波動，這背后的原因是什么？有一種解釋是，投資者日益擔心全球“通脹減速”(disinflation)并不是一條被強硬的央行措施手刃的巨龍，而是一只浴火重生的鳳凰。
您已閱讀8%（434字），剩余92%（5194字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。