首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
When the right person is holding the right job at the right moment, that person’s influence is greatly expanded. That is the pos
When the right person is holding the right job at the right moment, that person’s influence is greatly expanded. That is the pos
admin
2022-11-23
34
问题
When the right person is holding the right job at the right moment, that person’s influence is greatly expanded. That is the position in which Janet Yellen, who is expected to be confirmed as the next chair of the Federal Reserve Bank (Fed) in January, now finds herself. If you believe, as many do, that unemployment is the major economic and social concern of our day, then it is no stretch to think Yellen is the most powerful person in the world right now.
Throughout the 2008 financial crisis and the recession and recovery that followed, central banks have taken on the role of stimulators of last resort, holding up the global economy with vast amounts of money in the form of asset buying. Yellen, previously a Fed vice chair, was one of the principal architects of the
Fed’s $3.8 trillion money dump. A star economist known for her groundbreaking work on labor markets, Yellen was a kind of prophetess early on in the crisis for her warnings about the subprime (次级债) meltdown. Now it will be her job to get the Fed and the markets out of the biggest and most unconventional monetary program in history without derailing the fragile recovery.
The good news is that Yellen, 67, is particularly well suited to meet these challenges. She has a keen understanding of financial markets, an appreciation for their imperfections and a strong belief that human suffering was more related to unemployment than anything else.
Some experts worry that Yellen will be inclined to chase unemployment to the neglect of inflation. But with wages still relatively flat and the economy increasingly divided between the well-off and the long-term unemployed, more people worry about the opposite, deflation (通货紧缩) that would aggravate the economy’s problems.
Either way, the incoming Fed chief will have to walk a fine line in slowly ending the stimulus. It must be steady enough to deflate bubbles (去泡沫) and bring markets back down to earth but not so quick that it creates another credit crisis.
Unlike many past Fed leaders, Yellen is not one to buy into the finance industry’s argument that it should be left alone to regulate itself. She knows all along the Fed has been too slack on regulation of finance.
Yellen is likely to address the issue right after she pushes unemployment below 6%, stabilizes markets and makes sure that the recovery is more inclusive and robust. As Princeton Professor Alan Blinder says, "She’s smart as a whip, deeply logical, willing to argue but also a good listener. She can persuade without creating hostility. " All those traits will be useful as the global economy’s new power player takes on its most annoying problems.
What did Yellen help the Fed do to tackle the 2008 financial crisis?
选项
A、Take effective measures to curb inflation.
B、Deflate the bubbles in the American economy.
C、Formulate policies to help financial institutions.
D、Pour money into the market through asset buying.
答案
D
解析
由题干中的Yellen和2008 financial crisis定位到文章第二段前两句。推理判断题。定位句指出,在2008年经济危机中,中央银行通过资产购买的方式支撑起了全球经济,而耶伦又帮助美联储聚集了巨额资金。综合分析可知,2008年经济危机期间耶伦通过资产购买的方式向市场注入了资金,故答案为D。
转载请注明原文地址:https://kaotiyun.com/show/7DR7777K
0
大学英语六级
相关试题推荐
A、Peoplearemoreawareofreadingthanbefore.B、Peopleareabletogetinformationmoreeasily.C、Peoplespendlesstimereadi
A、Leaveourpersonalinformationonthesites.B、Sendoutourinformationtoagroup.C、Giveoutthecontactpagetoourtarget.
A、Itmustbesimpleenoughtounderstand.B、Itshouldbecreativeandunique.C、Itshouldbeshowninainconspicuousway.D、It
A、Familyholidayspromotemutualunderstandingbetweenfamilymembers.B、Familyholidayscanbemoney-savingandtime-saving.C、
A、Itwillmakeconflictsbetweenpeople.B、Itwillhaveabadimpactonbrains.C、Itisawasteoftimeandenergy.D、Itisaki
A、Diplomasarelessimportantthanexperience.B、Collegecoursesarenotallnecessary.C、Youshouldfocusondoingwhatyoulik
A、Muscleschangemost.B、Fatpeoplechangeobviously.C、Thewell-earnedfitnesspositionislost.D、Peoplegetsickmoreeasily.
A、Timepressure.B、Tightbudget.C、Moderntechnology.D、Fiercecompetition.C细节归纳题。短文中男士说,科技使人们可以更容易地进行对比,让人们拥有更多选择,也可以进行定制。短文中女
Forthispart,youareallowed30minutestowriteanessaycommentingonthesaying"Aman’sbestfriendsarehistenfingers."
A、Itshowsthestructureoftheearth.B、Itleadstonewchanges.C、Itmaynotbetrue.D、Itisanimportantrevolutioninscien
随机试题
阅读以下文字,回答下列问题。网络时代巨大的信息量要求网络人际交流迅速快捷,此时,传统语言的表达已不足以将信息转变成最简洁的形式输入输出。于是网络语言应运而生。这种语言以轻松活泼、幽默风趣、戏谑调侃的面目出没于传统媒体,让人耳目一新。比如“美眉”指
A.酸性B.碱性C.中性D.无须控制溶液pH值关于巴比妥类药物含量测定及鉴定中,溶剂的酸碱性
婴儿手足搐搦症是由于缺乏
下列费用中,属于措施项目费的有()。
下列关于销售增长率的说法,有误的是( )。
对于每季度付息债券而言,其实际3个月的收益率为3%,则年实际收益率为()。
关于质量监督小组的陈述,正确的是()。
下列不属于李大钊作品的是()。
Itistheurbandriver’smostagonizingeverydayexperience:thesearchforanemptyparkingplace.Circling,narrowlymissinga
交换式局域网的核心部件是局域网交换机。局域网交换机可以在连接到交换机端口的多个结点之间同时建立多个______。
最新回复
(
0
)