2007年上半年,尽管美国经济增长受房地产市场降温的影响有所放缓,但欧日及亚洲新兴市场经济体仍保持了良好的增长势头,全球经济增长总体强劲。在全球通胀风险加大的背景下,虽然近一年来美联储一直保持利率不变,但全球总体而言仍处于货币政策的紧缩周期中,各国央行仍有进一步加息的空间。 In the first half of 2007, despite the slowdown of the U.S. economic growth caused by the cooling of the real estate market, the emerging market economies of Europe, Japan and Asia maintained their good growth momentum and the overall global economic growth was generally strong. Against the background of the global inflationary risk, although the Federal Reserve has kept the interest rate unchanged for the past year, the global economy is still in the tightening cycle of monetary policy as a whole. There is still room for central banks to raise interest rates further.