While the Fed’s rate hike, prudently accompanied by an emphasis on small and gradual steps, may not turn out to be a trigger, the concerns about the knock-on effects are legitimate. It would be unwise to assume that, with the initial hike now behind us, systemic risk has somehow disappeared.
美联储在升息的同时强调了微小、渐进的节奏原则，因此这也许不会成为触发因素，但对连锁反应的担忧不无道理。认为第一步升息已经过去，因此系统性风险已经有所消散的观点是不明智的。