Moreover, confidence in the Federal Reserve is high, and the last remnants of the 1970's inflation risk premium have been wrung out of interest rates. As a result, even after output levels return to their potential, interest rates will stay low by the standards of the 1980's and the 1990's.
另外，美联储信心十足， 20世纪70年代通货膨胀仅剩的一点的风险酬劳的也已从利率中清除出去。因此，即便生产能力恢复到最好水平，与20世纪八、九十年代相比，利率仍将保持在较低状态。