如果这一估计正确,巨额财政储备将以令人瞠目的速度迅速耗尽。
If this is correct, it will be an astonishingly rapid depletion of a huge fiscal reserve.
自从港元与美元挂钩后,我们的财政储备平均每年维持于本地生产总值的百分之二左右。
Year after year, since the linked exchange rate was established, our fiscal reserves every year average about 2% of GDP.
由1998年四月一日起,存放于外汇基金的财政储备的回报与外汇基金的整体回报挂耻。
With effect from April 1, 1998, the return on the fiscal reserves placed with the Exchange Fund is linked to its overall return.
由于他们审慎理财,因此我们的财政状况非常稳健、收入稳定、收支平衡、财政储备十分雄厚。
Thanks to their careful management, we have a very solid fiscal position, steady revenues, well controlled expenditure and extremely strong financial reserves.
这个基金会在2003年拥有1.3亿的财政储备,定期举行电视直播的捐赠活动,有当地的名人参加。
The foundation, which had reserves of 130 million US dollars in 2003, regularly holds television donation drives involving local celebrities.
1998年四月一日前,财政储备以存款形式存入外汇基金,由外汇基金向一般收入账目支付有关存款的市场利息。
Prior to April 1, 1998, fiscal reserves were placed with the Exchange fund as deposits on which market interest rates were paid by the fund to the general revenue.
这里存在着制度障碍:财政大臣没有对黄金储备的直接使用权。
There are institutional hurdles: finance ministers do not have direct access to gold reserves.
尽管今年出现了财政危机,若美国对其资金管理不善,或怕自己管理不好,那么各国可将更多的储备兑换成欧元。
This year's fiscal crises notwithstanding, countries could shift more reserves into euros if America mismanaged its finances or if they feared it would.
惠伦期待着有一天,美元不再是世界上唯一的储备货币,即让美国在财政纪律上“搭便车”的状态。
Mr Whalen looks forward to the day when the greenback is no longer the world's sole reserve currency, a status that gives America "a free ride" on fiscal discipline.
如果经济受到低利率、顽固的贸易赤字以及世界储备货币自然需求的限制,那么这样的经济几乎不可能缓解财政紧缩带来的冲击。
In an economy constrained by low interest rates, a stubborn trade deficit and natural demand for the world's reserve currency, there is little to cushion the blow of austerity.
美联储打开龙头以及美元储备地位使美国享有不一般的财政自由。
In America the Federal reserve opened the spigots, and the dollar's reserve-currency status gives the country unusual fiscal latitude.
美国联邦储备系统即平常称之为“联邦”的是美国财政机构。
The Federal Reserve System ,or the Fed as it is usually called,is the fiscal agent of the United States .
美国联邦储备系统即平常称之为“联邦”的是美国财政机构。
The Federal Reserve System , or the Fed as it is usually called, is the fiscal agent of the United States .
如果银行储备更多资本的话,就会使它们的财政基础更为稳固,鼓励它们保留盈利,而不是将盈利拿来奖励冒险行为。
If Banks put aside more capital, it would place their finances on a more stable footing, encouraging them to retain profits instead of rewarding risk-taking.
对持有欧元储备好处的质疑,亦因为各国在对抗信贷危机政策上–从储蓄担保到银行救援与财政刺激–的糟糕合作而有所增强。
Doubts about the merits of holding euro reserves have been raised by poor co-ordination of policies-from deposit guarantees to bank bail-outs and fiscal packages-in response to the credit crisis.
前联邦储备委员会官员,Pringceton大学的Alan Blinder教授表示*,财政政策能扩大需求,而且效果快于减息政策。
Alan Blinder, a Princeton professor and former Fed governor, also argues* that fiscal remedies can boost demand more quickly than interest-rate cuts.
例如,财政审计领域和储备领域是两个极不相关的领域,它们关注不同的方面,或者相同系统的不同视角。
For example, the financial auditing domain and the reservations domain are two largely unrelated fields that focus on very different aspects, or viewpoints, of the same system.
从图片上的财政政策来看,联邦储备委员会刺激需求的整个负担相对减轻。
With fiscal policy out of the picture, the entire burden of stimulating demand falls on the Federal Reserve.
这是一个设在美联储的资本储备,由财政部通过销售新的国债提供资金,但该账户的过剩资本是“受困”的,并不会立即变为流通货币。
This is a capital reserve in the Fed financed by the Treasury selling new debt, but its excess capital is "trapped" and does not immediately reach currency in circulation.
美国会反对,因为丧失储备货币地位将增加其财政预算的成本并使得经常账户赤字。
America would resist, because losing its reserve-currency status would raise the cost of financing its budget and current-account deficits.
巨额的外汇储备,丰厚的财政收入,低水平的赤字,中国拥有充足的资金来支持国内银行。
With its huge foreign-exchange reserves, strong revenues and low deficit, China still has the wherewithal to prop up its banks.
的确,由于经济的急剧衰退和联邦储备系统的货币储备消耗殆尽,他不得不选择在短期内实行大量的财政刺激措施,这使财政赤字急剧增加。
Indeed, with the economy spiralling downward and the Federal Reserve's monetary ammunition all but spent, he rightly chose to boost the deficit in the short term through hefty fiscal stimulus.
欧元区已经紧急援助了三个国家,成立了初期储备金,仅仅于本周通过威胁对严重违反者实施早期制裁而加强财政纪律。
It has bailed out three countries, created an embryonic rescue fund and, only this week, toughened up fiscal discipline with threats of early sanctions for miscreants.
储备资金不足:州应急基金的现金金额是2006财政年度的一半。
Reserves are low: state rainy-day funds have about half as much cash as they did in fiscal 2006.
在那点上,没有人再担心财政赤字,联邦储备局通过增加货币供应量而将利率维持在一个较低的水平。
At that point, no one worried any more about budget deficits, and the Fed pegged interest rates to ensure that they stayed low, increasing the money supply as necessary to achieve this goal.
位于怀俄明州Windblown市的"大运"巴尼·鲍姆加特纳邀请联邦储备委员会和美国财政部接管他的生意:大运24小时拖运服务和动物标本制作服务。
Barney "Big Un" Baumgartner of Windblown, Wyo., invited the Federal Reserve and the U.S. Treasury Department to take over his business, The Big Un 24 Hour Tow Service and Trophy Taxidermy.
这些人士称,花旗集团管理人员与美国联邦储备委员会(Fed)和财政部官员在经过了周末的讨论后,各方希望能在周日晚间达成协议。
After weekend discussions between Citigroup executives and officials at the Federal Reserve and Treasury Department, the parties are hoping to unveil an agreement Sunday evening, the people said.
这些人士称,花旗集团管理人员与美国联邦储备委员会(Fed)和财政部官员在经过了周末的讨论后,各方希望能在周日晚间达成协议。
After weekend discussions between Citigroup executives and officials at the Federal Reserve and Treasury Department, the parties are hoping to unveil an agreement Sunday evening, the people said.
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