那只会增加国内外通货紧缩的压力。
That only increased the deflationary pressures at home and abroad.
保持低利率有助于预防通货紧缩的出现。
Keeping rates low would help prevent deflationary forces from taking hold.
首先，我们将终生承受通货紧缩的打击。
医治通货紧缩的最好药方仍然是预防。
通货紧缩的原因并不神秘。
四月不变得消费价格将缓解通货紧缩的威胁。
Unchanged consumer prices in April will ease the deflation threat.
2008年历史性的财富浩劫其性质明显是通货紧缩的。
The historic wealth destruction of 2008 was obviously deflationary.
通货紧缩的威胁？
发达国家看起来不像是正立足于通货紧缩的悬崖边。
The rich world does not seem to be on the precipice of deflation.
但是，如果日元继续保持强势，日本就爬不出通货紧缩的泥沼。
But Japan cannot get out of the deflationary mess if the yen keeps strengthening.
对经济衰退和通货紧缩的担忧在短期内难以挥之即去。
Fears of recession and deflation will dog these countries for some time.
阴影步步逼近，尤其是来自通货紧缩的忧虑更是如此。
And dark shadows are looming, particularly the spectre of deflation.
央行淡化了通货紧缩的威胁，这种威胁在今年早些时候被强调过。
The central bank played down the threat from deflation, a threat it had emphasised earlier this year.
这对消费者来说是好消息，尤其是通货紧缩的风险在降低。
That's good news for consumers, especially as the deflation risk recedes.
美联储曾经拉响了通货紧缩的警报，现在开始解除警报了。
HAVING raised the alarm on deflation, the Federal Reserve has now begun to sound the all clear.
它引起的是虚幻力量的感觉，而不是通货紧缩的夸张的虚弱。
It breeds perceptions of illusionary strength rather than deflation's exaggerated weakness.
鉴于已经很低的通货膨胀指数，这可能会煽起通货紧缩的恐惧。
That may fan fears of deflation given the already low readings on inflation.
今年富有国家预防通货紧缩的代价可能是新兴市场明天的毁灭。
The price of avoiding deflation in the rich world today may be a bust in the emerging world tomorrow.
去年通货膨胀的担心才下眉头，今年通货紧缩的忧虑又上心头。
Last year's inflation fears have been replaced by concern about deflation.
要估测产出缺口的大小，及其可能引发通货紧缩的威胁有多大，并不容易。
Estimating how big the output gap is, and how much of a deflationary threat it still poses, is not easy.
经济的增长以及长年通货紧缩的终结将为国家财政带来新的收入。
Growth, and a definitive end to long years of deflation, would bring the exchequer fresh revenues.
出于对通货紧缩的过度担忧，美联储正在执行会导致通胀的政策。
The Federal Reserve is pursuing a policy of inflation out of an erroneous fear of deflation.
印刷钞票直接转入人民的银行账户，是应对通货紧缩的完美方案。
Printing money and transferring it directly to people's bank accounts is a perfectly sensible way of tackling the risk of deflation.
他们必须在短期通货紧缩的浅滩与长期消费物价增长的风险中游弋。
They must steer between the shoals of short-term deflation and the longer-term risk of accelerating consumer prices.
如果通货紧缩的风险像伯南克说的那么严重，我们应该看到黄金价格不断下跌。
If deflation was as serious of a risk as Bernanke says, we would be seeing falling gold prices.
如果有什么区别的话，日本量化宽松的记录应当提高通货紧缩的担忧。
If anything, the record of quantitative easing in Japan should heighten worries of deflation.
去年，英国产出大幅下跌，通货紧缩的阴影笼罩着其负债累累的经济。
As NATIONAL output tumbled last year, deflation loomed threateningly over Britain's debt-laden economy.
尽管定量宽松是应对通货紧缩的有效武器，其支持经济复苏的力量有效。
For although QE is a potent weapon against deflation, its power to support recovery is limited.
现行的复苏是脆弱的：在至少一年里，通货紧缩的威胁始终大于通货膨胀。
The recovery now under way will be feeble: deflation will remain a bigger threat than inflation for at least a year.
现行的复苏是脆弱的：在至少一年里，通货紧缩的威胁始终大于通货膨胀。
The recovery now under way will be feeble: deflation will remain a bigger threat than inflation for at least a year.
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