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CENTRAL banks in the rich world cut interest rates in lockstep in 2008 as the world economy spiralled.

当世界经济逐渐下滑之时,富有国家的中央银行都把利率降低到2008年的水平。

Prepare for the central banks selling their enormous holdings of government bonds to drive up interest tares.

做好准备,中央银行为提高利率,将要出售持有的巨额政府债券。

For example, China's regulator requires banks to keep 17% of their deposits with the central bank and tinkers with this ratio to control the economy.

例如,中国的监管机构要求银行将17%的存款存到中央银行,通过摆弄这个比例来控制经济。

I am not advocating Chinese central bank to sell treasuries now and buy stocks.

不过,我并没有支持中国中央银行现在卖出美国国债,买入股票。

Yet that is exactly what central bankers have done in recent years.

但是这正是近年来中央银行所做的。

Article 18 The National Audit Office shall exercise audit supervision over the financial revenues and expenditures of the Central Bank.

第十八条审计署对中央银行的财务收支,进行审计监督。

On the current economic operation of the Central Bank should keep a cool head to observe the trend.

关于当前经济运行的中央银行应保持清醒的头脑,观察趋势。

In the Central Bank report, also spoke about the second half of this year's six-oriented monetary policy.

中央银行的报告,还谈到了今年下半年的6个为导向的货币政策。

The US Central Bank, the Federal Reserve, is to be given additional powers in regulating them.

美国中央银行,即联邦储备局,也被赋予了额外的权力来调控他们。

We expect that the central bank will further raise the reserve ratio requirement and interest rates.

我们预计中央银行会进一步提高存款准备金率和利率。

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