Instead of trying to meet monetary targets, they use their own money to determine short-term interest rates.

他们使用自己所持有的货币来决定短期利率，而不再去试图实现货币目标。

youdao

He has also written that it is inconsistent for a central bank to discuss its policy on the basis of assumptions about interest rates that are not necessarily its own.

他同样也写到，由于央行未必基于利率假设而讨论其政策，因此才造成了不统一。

youdao

Article 31 a commercial bank should decide its own interest rates and announce them in accordance with the upper and lower limits for deposit interest set by the People's bank of China.

第三十一条商业银行应当按照中国人民银行规定的存款利率的上下限，确定存款利率，并予以公告。

youdao

Therefore, it s imperative for the Fed to act now, before it is forced to aggressively raise rates to fight inflation or the market forces interest rates higher on its own, which, given our extreme level of debt, will render the U.S. insolvent.

FORBES: U.S. Solvency Depends On Low Interest Rates

If anything, the disinflation programme has been a victim of its own success: inflation and interest rates fell so sharply last year that the economy boomed.

ECONOMIST: TURKEY'S FUTURE

The next big step, in 1993, was to grant the Bank of France independence to set its own interest rates, at which time Mr Trichet moved across to become its governor.

ECONOMIST: Trichet in the clear | The