摘要
美联储做出历史性加息决定,近10年来首次上调短期利率。由于背景不同于以往,此次加息将在新的利率框架下进行,“冲顶一阶段性贬值一再升值”可能是美元加息后运行的大概率模式。美元升值将对大宗商品出口国形成负面溢出效应,进一步加剧国际大宗商品价格下行态势,进而加大我国面临的输入型通货紧缩风险。
The Federal Reserve made a historic decision to raise interest rates for the first time in nearly 10 years. Since the background is different from the past, the interest rate hike will be carried out under the new interest rate framework. "hoisting-periodic depreciation-reappreciation" may be a large probability mode of dollar rate hike after the run. The appreciation of the dollar is forming negative spillover effects on commodity exporting countries, further exacerbating international commodity prices to downward trend , thereby increasing the input deflation risk faced by China.
出处
《冶金信息导刊》
2016年第2期14-18,26,共6页
Metallurgical Information Review