As part of efforts to tame inflation, the central bank last year began quantitative tightening, letting a fixed number of maturing bonds roll off its balance-sheet each month, removing liquidity from the banking system.
作为抑制通胀努力的一部分,央行去年开始实施量化紧缩,每月从资产负债表上滚出固定数量的到期债券,从而消除了银行体系的流动性。