The International Monetary Fund has raised a warning flag about the risks of ultra-loose monetary policy. In its Global Financial Stability Report, the IMF worries that excessive easing may lead banks to postpone the necessary adjustment after the excesses of the past. There is also a risk that cheap money could prop up new bubbles. While policy makers should monitor both threats via prudential regulation, it is not yet time to tighten monetary policy.
國際貨幣基金組織(IMF)對超寬松貨幣政策的風險發出警告。在《全球金融穩定報告》(Global Financial Stability Report)中，IMF擔心在過度寬松的影響下，過去行為缺乏節制的銀行可能推遲必要的調整。另一項風險是，廉價資金可能滋生新泡沫。不過，盡管政策制定者應當通過審慎監管監控這兩種威脅，但現在還不是收緊貨幣政策的時候。
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