Interest rates have been cut dramatically. American rates are already down to 1%; Britain's are at a 50-year low; and this week China's central bank lopped 108 basis points off its main policy rate.
3
出乎市场意料,中国央行周末将银行存款准备金率上调了100个基点。
Chinatook markets by surprise at the weekend, lifting the ratio of reserves that Banks must hold by 100 basis points.