Before the crisis, the ECB would aim to keep overnight interest rates close to the refi rate.
危机发生之前,欧洲央行本想将隔夜利率保持在接近再融资利率的水平。
If you buy a low interest rate currency and sell high-yielding currencies, then you will be deducted from the overnight interest rate.
如果您买入低利率货币,卖出高利率货币,那么您将扣除隔夜利息。
By restricting its liquidity support, the ECB will be able to guide overnight interest rates towards 1% without having to alter its policy rate.
靠限制放出流动性,欧洲央行就能够引导隔夜利率向1%上扬,而无需改动政策利率。
I've got the Federal Funds Rate--it's the shortest interest rate, an overnight rate--it was at 4% at that time and then there was a sharp drop.
这是联邦基金利率,是最短期的利率,当时的隔夜拆借利率是4%,接下来利率急速下跌
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