前面半句到没错,后面就不一样了。d in order to boost the slugg**h u.s.economy,the u.s.federal reserve(fed)implemented the low interest rate policy after the 9/11(nine-eleven)incident.it ** in fact an extremely lenient monetary policy.beginning september of 2001(two thousand and one),fed dropped the interest rate several times,bringing the annual interest rate for federal funds from 3.5%(three point five percent)before the 9/11 incident down to 1%(one percent)on june of 2003(two thousand and three),and kept that low rate for another year.th** policy caused a high leverage ratio,the u.s.saw inflation,and under such a lenient monetary policy,the real estate bubble was inflated,and corresponding real estate related financial derivatives also inflated limitlessly.in the end,when the bubble burst,it caused the 2008 international financial cr****. due to a u.s.dollar based international monetary system,fed ** like an international central bank.thus,its policies h**e significant global effects.the last time fed implemented a low interest policy it caused an international financial cr****.th** time,fed once again maintains a super low interest rate policy.the huge bubble ** already brooding.if the super low interest rate policity ** maintained any longer,it could cause an even deeper financial cr**** than that of 2008,and the results are unimaginable.