如果从该政策对包括长期利率，波动性和股价等金融状况的影响来看，它与我们自以为很熟悉的常规利率调整政策非常相似。
If one looks at how it has affected financial conditions, including long-term interest rates, volatility, and stock prices, QE looks an awful lot like conventional interest-rate policy, which we think we understand.