BERKELEY – When the European Central Bank announced its program of government-bond purchases, it let financial markets know that it thoroughly disliked the idea, was not fully committed to it, and would reverse the policy as soon as it could. Indeed, the ECB proclaimed its belief that the stabilization of government-bond prices brought about by such purchases would be only temporary.
伯克利——欧洲央行宣布了其购买政府债券的计划，但同时也让金融市场知道了它其实非常讨厌这个主意，并未作出完全的承诺，且时刻准备着将这一政策收回。事实上，欧洲央行是在表达这样的信念：由买入计划带来的政府债券价格企稳只是暂时的。