バリュエーション（株価評価）が通常の水準に近い、あるいは既に上回ってい

バリュエーション（株価評価）が通常の水準に近い、あるいは既に上回っていたり、金利を抑えることで株価を押し上げてきた政策を米金融当局が段階的に解消しつつあるためだ。

結果 (英語) 1:

This is because the U.S. financial authorities are being resolved step by step policy that has pushed up the stock price by or have exceeded already valuation (stock price valuation), or close to normal levels, to reduce the interest rate.

結果 (英語) 2:

Policy closer to the level of normal valuation (stock assessment), or have boosted stock prices or already exceeded, reduce the interest rate by U.S. financial authorities in stages and yet for that.

結果 (英語) 3:

バリュエーション (stock prices evaluation) is near to a normal standard or has already exceeded it, and the reason is because U.S. financial authorities are canceling the policy that pushed up the stock prices by holding down an interest rate step by step.