The Fed’s benchmark rate is down to 2.25%, so there isn’t much room for another round of half- and three-quarter point cuts.

但是联邦基金利率已下降到2.25%，所以进行下一轮降息0.5%或0.75%的空间已经不大了。

youdao

After Russia's default and the collapse of Long-Term Capital Management, a hedge fund, the Fed cut rates by a quarter point.

当俄国破产，并使对冲基金，长期资金管理公司倒闭时，联储会仅降息0.25%。

youdao

With rates only at 3.25%, there may be much more than a quarter-point increase to come.

目前利率只有3.25%，这使得上调的空间不止25个基点。

youdao

They just raised interest rates another quarter point this morning to deal with inflation.

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