Yet financial markets are not pricing dollar depreciation and a rise in long-term US interest rates accordingly. When we macroeconomists talk to our friends on Wall Street, we find that they don’t view this as a puzzle at all.
但金融市场并没有美元贬值、美国长期利率上涨的相应计划。当我们这些宏观经济学家和华尔街的朋友们谈起这个问题时，发现他们根本不觉得这有什么难理解的。