They've been cutting the spread between the discount rate and the Federal Funds Rate again it's an effort to stimulate the economy.
他们一直在缩减,贴现率与,联邦资金利率之间的宽度,同样它又是刺激经济的努力。
In 2003 they decided to change that and they decided to raise the discount rate above the Federal Funds Rate.
在2003年,他们决定改变这个现状,并且决定将贴现率提升到,联邦资金利率之上。
The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.
贴现率是一个联邦可改变的政策,并且它比联邦资金利率通常,低五十个基本点。
They made the discount rate higher than the Federal Funds Rate; 2.25% so now the Federal Funds Rate is at 2.25%.
他们将贴现率提升至高于,联邦资金利率;,所以现在,联邦资金利率是。
They were worried that if the discount rate is fifty basis points below the Federal Funds Rate then it's going to hit zero and that would be embarrassing; so they moved it.
他们担忧的是,如果贴现率比,联邦资金利率低五十个基本点,那么它将会接近零点,并且那将会很尴尬;所以他们改变了它。
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