We have seen the longest period of sustained low and stable inflation since the 1960s.

我们从20世纪60年代开始就保持着为期最长的持续低稳定通货膨胀。

If productivity rises, then wage growth need not cause sustained inflation, nor push up the labour share.

如果生产率提高，那么工资增长不一定会导致持续的通胀，也不会推高劳动力份额。

Or is this a sign of sustained inflation on the horizon? No one knows the answer to that yet.

还是说这是持续通胀即将出现的迹象？目前没有人知道答案。

And the question is, is this temporary and likely to level out as the year goes on or is this is a sign of sustained inflation on the horizon?

问题是，这是暂时的，并可能随着时间的推移趋于稳定；还是这是持续通胀即将到来的信号？

The governor of Russia's central bank, Elvira Nabiullina, warned over a year ago that the prospect of sustained inflation was likelier " than perceived at first glance" .

一年多前，俄罗斯中央银行行长埃尔维拉·纳比乌琳娜 (Elvira Nabiullina) 警告说，持续通胀的前景“比乍看之下”的可能性更大。

The FED might therefore shrug off price rises later this year, reckoning that short-run price pressures will not translate into sustained inflation until America's job market, and the world economy, is fully recovered.

因此，美联储可能会在今年晚些时候对价格上涨不屑一顾，因为在美国就业市场和世界经济完全复苏之前，短期价格压力不会转化为持续的通货膨胀。

China's monetary policy will help tame global price pressures and further propel growth when necessary as sustained high inflation emerges as a major concern for the global economy, officials and economists said on Tuesday.

官员和经济学家周二（6 月 14 日）称，当前持续的高通胀已成为全球经济的主要问题，中国负责任的稳健货币政策将有助于缓解全球物价压力，并在必要的情况下进一步推动经济增长。