货币

Rose to 68 percent from 46 percent, according to futures traded on the Chicago Board of Trade.

芝加哥交易所的利率期货显示，因为美联储在12月11日降低基准利率到4.25%的可能性从46%升至68%，美元兑16种主要交易货币在上一个月出现贬值。

Mr Trichet must establish a rule that the board of governors always takes a vote, ensuring that the ECB makes monetary policy decisions when necessary, not when it is politically expedient to do so.

特里谢先生必须制订一项规则，要求任何决策均由理事会表决做出，从而确保欧洲央行在制订货币政策时确实从实际需要出发，而不是出于政治利益。

All this may not bode well for the dollar's status as the world's reserve currency.

所有的这些对作为世界储备货币的美元来说，都不是好的征兆。

I have always been impressed by the contribution of my compatriot, Jean Bodin, to our understanding of monetary economics.

与我同为法国人的让·博丹，对我们理解货币经济学做出的贡献，始终萦绕在我的脑海中。16世纪，贵金属从美洲流入欧洲，造成了通货膨胀。

The knowledge conveyed by Gresham's Law, the first crude formulations of the quantity theory of money--such as those of Bodin and Davanzati--and the Law of Gregory King mark the first dawn of the cognition that regularity of phenomena and inevitable necessity prevail in the field of action.

葛来欣法则（Gresham's Law，也即Bodin和Davanzati的货币数量说最早的模样）和金氏法则所传授的知识，使我们开始了解在行为领域中一些现象的规律性和必然性。

Drawing on his experience of the inflationary consequences of the influx of precious metals from the Americas into 16th-century Europe, Bodin postulated a direct relationship between the quantity of monetary gold and silver in circulation and the general price level.

博丹从这一经验中得出结论，认为充当货币的金银流通数量与总体价格水平之间存在直接关系。

As Alan Bollard, New Zealand's central-bank chief, noted:"Removing some of the current fiscal stimulus is likely to reduce the work that monetary policy will otherwise need to do."

正如新西兰中央银行行长阿伦·波拉德提到的："减少一些现有的财政刺激或许能减少一些货币政策本应该做的工作。"

Reserve Bank governor Alan Bollard last month cut the OCR to 8 per cent from 8.25 per cent, the first rate cut in five years.

储备银行主管Alan Bollard上个月把官方货币汇率从%8.25降到了8%，这是5年内第一次的下调。

Bollard said that inflation remained elevated, although declining commodity prices would bring inflation lower over time, and that further monetary easing will depend on inflation dropping.

波兰德说，通货膨胀率持续上升，但随着时间的推移，商品价格的下降将推动通货膨胀率的降低，并且进一步放松的货币政策也有利于通货膨胀率下降。

While the RBNZ has already signaled their intention to ease further, Bollard's remarks today are the most unambiguous reference yet that the market will see significantly lower rates.

虽然有迹象表明新西兰储备银行将进一步采取宽松的货币政策，但是Bollard今天的言论不甚明朗，而市场则预期未来会出现大幅降息的情形。

Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.

在对危险的南部地区访问时，他斥责什叶派民兵领导人对中央集权的挑衅行为。

In fact,I've got him on the satellite mobile right now.

实际上 我们已接通卫星可视电话了