Central banks may also be forced to lower interest rates through domestic open market operations.
此外,各国央行还可能被迫通过国内公开市场操作来下调利率.
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The ECB's near omnipresence is the result of exceptional economic circumstances.
欧洲央行的身影几乎无所不在,这是异常的经济环境所致.
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先前的独立性保护央行不受政客们轻率玩弄通胀之欲望的影响.
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That matters for managers of central-bank reserves, he says, who place a premium on liquidity.
他说,这会影响央行储备管理者的决策, 因为他们很重视流动性.
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但对整个金融市场和央行而言,这股复古之风却来自另一个不那么令人喜欢的年代.
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Central bankers'reputations have been battered , but few have paid with their jobs.
央行的名声已经跌倒谷底, 但他们的工作还在继续.
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两家央行都在政治上冒着关乎于它们声誉的巨大风险,去控制各自的经营范围并且挽救金融体系.
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But, unduly worried by inflation, It'seems unwilling to do even that.
但是, 因为对通货膨胀有不必要的担忧, 欧洲央行甚至连这一步也不愿意走.
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Even where the central bank hasn't intervened, currencies stand to gain substantially.
即使在央行不干预的地区, 货币也可能会大幅升值.
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It is the volatile type of trade that central bankers lose sleep over.
正是这种波动性很大的交易令央行的决策者们夜不能眠.
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They did so because they feared the possibility of a shift into deflation.
这么做的原因,是由于这些央行担心(经济)有可能发生通货紧缩.
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Schwartz thinks that our central bankers and our Treasury Department are getting it wrong again.
Schwartz认为央行和财政部的大人们正在又一次的犯错.
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Dubai is preparing to raise a second $ 10 billion tranche from the central bank.
迪拜正准备从央行筹集第二个100亿美元.
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