HSBC 9 月 26日超长篇，英文115页。本篇的质地还是不错。
　　It is becoming a familiar refrain.Another quarter，another set of upward revisions to our globalgrowth forecasts，another downward revision to our global inflation forecasts and even morefinancial market optimism.But for developed world central banks，the task is getting everharder.Persistent undershooting of inflation targets and still high debt levels call for continuedloose monetary conditions.But signs of financial market excess may warrant higher policy ratesif central banks are not going to face even bigger threats to price stability over the longer term.A delicate balance needs to be struck.