联邦储备系统

All nationally chartered commercial banks are required by law to be members of the Federal Reserve System

法律规定凡是经国家特许设立的商业银行必须是联邦储备系统的成员

Government agency. Its most important function is to manage the country's supply of money and credit.

联邦储备系统是一个独立的政府机构，主要作用是管理全国的货币供应和信贷。

The Federal Reserve cut a key interest rate today by one quarter of a percentage point.

联邦储备系统在今天降低了15%的利率。这是让国家免于萧条而做的一份努力。

That's what the Federal Reserve wants, that's what investors want.

这正是联邦储备系统所希望的，也是投资者所期望的。

They were triggered by the Federal Reserve's unusually tight control of money and credit.

这两起衰退是由于联邦储备系统特别加紧控制货币和信贷引起的。

But policymakers' reluctance to let their currencies rise faster against the dollar means that their monetary policy is, in effect, being set by America's Federal Reserve, and is therefore too lax for these perkier economies.

但是这些政策制定者不愿意唐他们货币的增长速度低于美元的增长速度，这就意味着他们的货币政策实际上是美国联邦储备系统的一部分，而对这些得意的经济状况过于松懈。

But policymakers' reluctance to let their currencies rise faster against the dollar means that their monetary policy is, in effect, being set by America's Federal Reserve, and is therefore too lax for these perkier economies.

当地的股市和楼市都开始有泡沫，但是决策者不愿意让货币升值太快，这意味着他们的货币政策实际上在美国联邦储备系统制约下，这也造成得意洋洋的经济学家们态度松散。

Notes(2):RegulationQ of the Board of Governors of the Federal Reserve System distinguishesbetween "time certificate of deposit" with fixed maturity and "timedeposits open account" subject to stated notice of withdrawal.

注（2）：联邦储备系统董事会颁布的 Q 条例将有固定存款期限的&定期存款单&与受明确取款通知限制的&定期存款未清账户&区分开来。

No: trouble was turned into catastrophe by the Federal Reserve, which botched monetary policy, tightening when it should have loosened, thus depriving banks of liquidity when it should have been pumping money in.

都不是这些：而是因为联邦储备系统的修正的金融政策把经济搞砸了，例如，政策上需要银根放松，它却收紧，因而当市场需要货币供应时，银行却没有流动的资金。

The Federal Reserve rescued the American International Group with an eighty-five billion dollar loan.

联邦储备系统用850亿美圆的贷款挽救了这家美国国际集团。

In her eyes, because that is the doorway toher heart * the place where love resides.

女人的漂亮必須從她的眼睛中去看，因為那是她心靈的窗戶和愛居住的地方

I will send some postcards to you.

我会向你发送一些明信片。