Even if that didn't spark inflation, it could prompt an untimely increase in interest rates.

即使这没有引发通货膨胀，也有可能导致利率的上扬。

It can also spark asset bubbles, exacerbating the inflation that rate increases are meant to combat.

流入的资金还会引发资产泡沫，加重通货膨胀形势，而加息本来是要打击通胀的。

As growth continues to exceed trend, rising utilization rates will spark an increase in Asian inflation - especially in non-traded sectors such as services and real estate.

随着经济增长继续超越潜在趋势，生产能力利用率的不断提高，亚洲地区将会出现通货膨胀特别是在类似服务业以及房地产等非贸易行业更是如此。