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By contrast, sky-high US interest rates produced by a general expectation of a massive ongoing dollar decline is a macroeconomic problem without a solution.而恰恰相反，大规模持续性美元贬值的普遍预期所带来的居高不下的美元利率却是没有办法解决的宏观经济问题。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 13.01.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 13.01.2011
Second, banks’ assumption of excessive investment risks reflects their expectation that governments will bail them out if necessary.其次，银行承担过度的投资风险显示了它们的预期心态：即政府在必要时会提供紧急救援。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 16.02.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 16.02.2011
Bush administration officials argue that the new plan is “not an open-ended commitment: we are putting real, specific requirements and expectations on the Iraqi government."布什当局的官员们说，新的计划“并非是没有止境的承诺，我们对伊拉克政府提出了确实具体的要求和期望。”© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 28.10.2010© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 28.10.2010
The fact is that around most of the world, inflation – and eventually inflation expectations – will keep climbing unless central banks start tightening their monetary policies.事实是在全球大多数地区，通货膨胀并且最终是通货膨胀预期将会继续上升，除非各国中央银行开始紧缩其货币政策。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 26.01.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 26.01.2011
Today, the smart money in financial markets takes a long-term view that asset prices are for the most part rational expectations of discounted future fundamental values.今天金融市场上有经验的投资商以长远的眼光来看待问题，他们给出的资产价格在很大程度上是对未来基本价值给予打折 后的理性预期。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 21.12.2010© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 21.12.2010
Likewise, increasing pressure from growing labor costs will force enterprises to lower their profit expectations and cut costs, negatively affecting output growth and employment in the short run.同时，用工成本增长所带来的更大的压力将迫使企业降低它们对利润的预期并且削减成本，从而在短期内影响产量的增长和劳动力的雇用。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 23.01.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 23.01.2011
Yet, the ECB cannot cut interest rates 1 basis point because it fears euro-zone inflationary expectations are becoming unglued.而欧洲央行却连一个基点都不能降，因为它害怕欧元区的通胀预期将会失去控制。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 15.01.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 15.01.2011
Their so-called “rational expectations models” predict that exchange rates should not deviate from parity in any lasting way.他们所谓的“理性预期模型”认为汇率不应持续地偏离购买力平价。© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 13.01.2011© Project Syndicate 1995 – 2011http://www.project-syndicate.org/ 13.01.2011
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expectation
noun
| Singular | Plural | |
| Common case | expectation | expectations |
| Possessive case | expectation's | expectations' |