It would not be appropriate to extrapolate these results to try to estimate how much tightening would be needed to correct a substantial putative overvaluation in stock prices, but it seems clear that a light tapping of the brakes will not be sufficient.

  • 拟译:尝试由这些结果去推测纠正显著的股价高估所需要的货币政策紧缩程度,这种方法是不恰当的,但“轻踩刹车”明显不足以解决问题。
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