If the interest rate is raised too little, banks will use more reserves to support lending, leading to higher inflation. If the interest rate is raised too much, economic activity will be constrained and growth could fizzle.
这将是艰难的平衡游戏。如果利率提升力度太小，银行将把更多准备金用来支持借贷，导致通胀升高。如果利率提升力度太大，商业活动将受到约束，增长可能受到打击。