making several cuts to interest rates and required reserve ratios
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双语例句
1
当然, 每一轮干预措施都会吸走流动性,这意味着北京必须通过降准和释放流动性来抵消紧缩。
Of course each round of interventionsucks liquidity out of the system which means Beijing must offset thetightening with RRR cuts and liquidity injections.
2
但是,在市场看来, 降准和注资就意味着宽松政策。 因此,人民币不得不承受更多压力,并进入恶性循环。
But the very act of cuttingrates and injecting cash is perceived by the market as easing, which puts morepressure on the yuan and the vicious, self-feeding loop is perpetuated.
Although the central bank has been moving toward more market-driven interest rates, traditional measures like the r. r. r. cut still create across-the-board stimulus, Mr. Williams added.