Since short - term interest rates in the euro area are not tailored to individual countries ' cycles , monetary policy can attenuate neither boom nor bust 既然在欧元区短期利息率不制定于单个国家的盛衰轮回,所以货币政策既不削弱繁荣也不削弱萧条。
The slope of the yield curve ( equivalently , the term structure ) tells us what financial markets expect to happen to short - term interest rates in the future 收益曲线的斜率(等于期间结构) ,这表明:金融市场在短期利率方面将会发生怎么样的变化。
Other things being equal , a reduction in short - term interest rates should bump up asset values , because their stream of future earnings is discounted by a smaller factor 类似的,由于资产的未来收益决定于贴现率,通过减低短期利率可以提高资产价格。
Short - term interest rates fell to historic lows , propping up consumer spending , but also fuelling the housing bubble and sowing the seeds of today ' s upheaval 短期利率降到历史低位,支撑消费支出,但也刺激了房地产市场的泡沫,为今天的巨变埋下了种子。
Short - term interest rates rose for a brief period between mid - november and early december , attributable to liquidity demand associated with a number of equity ipos 由于11月中至12月初有多宗新股上市令流动资金需求增加,因此在这段期间短期利率曾短暂上升。
But the recent flare - up in inflation should prove temporary , greenspan said , adding that the fed still expects to raise short - term interest rates only gradually in coming months 他还称,近期出现的通胀现象只是临时性的。联储预计未来数月升息的方式仍将为渐进式。
Arbitrage between bonds of different maturates implies that the price of a bond is the present value of the payments on the bond , discounted using current and expected short - term interest rates 不同到期债券的套汇是该证券支付的现值,利用当期或预期短期利率折现的。
Short - term interest rates had edged up slightly , but this appeared to be due more to a reversal of unusually liquid conditions in march than to any decline in market confidence 短期利率略为上升,但主要原因似乎是3月市场资金异常充裕的情况改变,而不是与市场信心减弱有关。
Few people would consider whether they would face hardship if the short - term interest rate deviations dissipated or even turned from a discount into a premium 然而,很少人会想到一旦港美短期利率差距消失,甚至由折让转为溢价,促使银行调高按揭利率时,他们便可能会面对困难。
Other things being equal , a reduction in short - term interest rates should bump up asset values , because their stream of future earnings is discounted by a smaller factor 在在其他因素不变的情况下,短期利率的降低会减小贴现因子,从而引起资产价格(即未来的现金流入的现值)上升。