Last month the central bank cut short-term interest rates by half a point. It did so to help keep problems in the housing and credit markets from harming the wider economy and causing a recession.

上个月中央银行把短期利率下调了0.5个百分点，这么做是为了不让房产和信贷市场的问题损害到更多的经济领域，造成经济萧条。

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Well, in the end, we were able to save Future and Snowball but, I was at that point, ready to move on, and to cut a long story short, here's where I came to.

回头看来，最让我难过的，比任何事都难过，是我到底怎麽竟让自己的人生跟事业绑得这麽紧！ 最后，我们还是挽救了「雪球」跟「未来」，但那时我已准备好要进入人生下一阶段。

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Since then, futures prices have been predicting a 50 basis-point cut in short-term interest rates by April.

ECONOMIST: First the put; then the cut?

The Dow shot up more than 300 points after the Fed cut short-term interest rates by half a percentage point.

NPR: Time for Renovation at the FHA?

His half-point cut in short-term interest rates was designed to avoid a recession, but it may have bought him only a postponement of the inevitable.

FORBES: Magazine Article