Thanks for sharing. My understanding: ...

The stage from “accommodative” to “neutral” means to delay the EXPECTED rising of inflation. So the FED will break the car once they see the red light but before getting there, i.e., they will raise the rate before the actual CPI reaching 2%.

The stage from “neutral” to “tightening” means tying to reduce the EXISTING high inflation. In this case, the FED will consecutively raise the rate to cool the overheated economy, which is often reflected by the high inflation or even the hyper-inflation.

所有跟帖： 

• 你的理解灰常正确。Mr Miller说，目前从accommodative到neutural都需要几年的时间。。。说明 -爱鸽子的猫猫- ♀ (111 bytes) () 03/27/2015 postreply 15:04:32

• 那你昨天10% 的correction，今天是不是下调到5% 了？ -ultra- ♂ (98 bytes) () 03/27/2015 postreply 15:18:05

• 我很迷惘啊～不过现在的sentiment比较倾向于跌，我手里也有long，所以还是观望。希望我们都赚钱～ -爱鸽子的猫猫- ♀ (0 bytes) () 03/27/2015 postreply 15:20:57

• 以前没有QE，直接加息。现在先停QE，再加息，这是新形势下的新情况。 -coolboy- ♂ (0 bytes) () 03/27/2015 postreply 15:27:25

• 但很重要的是，FED的monetary policy会非常温和；这是FED再三强调的，因此我心定了。市场会出现 -爱鸽子的猫猫- ♀ (90 bytes) () 03/27/2015 postreply 15:31:06