low price in reason 合理低价
The obvious reason is that the market, in general, is still somewhat soft; but how price elastic are all of our market segments?
最明显的原因是市场仍然比较疲软;但是价格的弹性怎么会成为我们市场层面的全部呢?
Part of the reason for this is that price to earnings multiples in emerging market equities tend to fall when their central banks start fighting inflation.
部分原因在于,随着新兴市场国家央行开始着手对抗通货膨胀,新兴市场股票的市盈率也将会下降。
Labour markets in the euro area are generally more rigid than those in Britain, so the ECB has more reason to worry about a wage-price spiral.
欧元区的劳动市场渐渐地变得比英国的更刚性,所以欧洲央行更需要担心会发生工资-物价螺旋上涨。
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