The ramifications for interest-rate spreads, emerging-market equities, and housing demand, among much else, are the subject of widespread debate. But, as markets learn to cope with a less accommodative monetary policy, there could be an important silver lining, which most people have ignored.
纽约—美联储终于这么做了，近十年来第一次升息。这对利差、新兴市场股市、住房需求和其他许多方面的影响是一个争论激烈的话题。但是，在市场不得不应对不太友好的货币政策的同时，也有一个重要的闪光点，这个闪光点大部分人都没有注意到。