欧洲央行加大量化宽松力度大纲

Mario Draghi’s latest bid to revive the eurozone economy by extending unprecedented monetary easing yesterday failed to impress markets that had bet on even more.

马里奥德拉吉(Mario Draghi)通过延长空前的货币宽松来重振欧元区经济的最新努力，昨日未能打动此前押注更大政策力度的市场。

The European Central Bank pledged to continue its 60bn-a-month bond buying programme for another six months until March 2017 “or beyond”. Policymakers also cut a key interest rate to a historic low of minus 0.3 per cent and agreed to buy more assets with the proceeds of its existing bond purchases.

欧洲央行(ECB)承诺将延长每月600亿欧元的债券购买计划6个月，至2017年3月“或者更久”。政策制定者还将关键利率降至-0.3%的历史低点，并同意将现有债券购买的收益用来买入更多资产。

But these measures — supported by a decision to buy municipal bonds in addition to standard government debt — disappointed investors who had hoped for deeper rate cuts and more monthly bond purchases.

但这些措施——得到购买市政债券（而不只是标准的政府债务）的决定的支持——让投资者失望，后者曾希望欧洲央行进行更大幅度的降息，并扩大每月债券购买规模。

The announcement prompted a sell-off in equity and bond markets and the euro climbed to a one-month high against the US dollar.

这一消息在股票和债券市场引发抛售，欧元兑美元汇率升至一个月以来最高位。