Panic on the stock market set off a wave of selling.
股市恐慌引发了一轮抛售潮。
The willingness of investors to pin their hopes on a rate cut is understandable: after all, that has been the response of the Fed to every financial panic since the stock market crash of 1987.
投资者将其希望压在降息上,这是可以理解的:毕竟自1987年股市崩盘以来,降息已经成为美联储对付金融恐慌的不二法门。
This has been relentless all week.”". Business Week also referred to the crisis as a "stock market crash" or the "Panic of 2008."
商业周刊提及这次危机也使用了诸如“股市崩溃”或者“2008年的恐慌”之类的字眼。
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