That is most true of the Fed, which slashed rates between 2001 and 2003, held them at 1% for a year and then raised them in slow, predictable quarter-point steps, fuelling the housing boom.

这一批评对美联储来说恰如其分：它在2001年至2003年间持续降息，使利率低到1%并维持了一年，然后一成不变地以每季度四分之一个百分比的速度缓缓加息，这无疑是对房市繁荣火上加油。

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To head off inflationary pressures caused by Germany's post-unification boom, the Bundesbank in July 1992 raised interest rates to 8.75%, a 60-year high.

为了缓解德国一统后繁荣引起的膨胀压力，1992年7月，德国央行将利率提高至8.75%，这是过去60年的最高纪录。

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Now, as media has become the story of the last boom, it's not a surprise New York surpassed Boston in the amount of venture capital raised.

现在，正如传媒已经变成最近激增的项目，纽约的风险资本额再在数量上超过波士顿就不奇怪了。

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Interest rates were raised progressively until last summer, when people feared an inflationary boom, and have been cut sharply since then, to head off a recession.

ECONOMIST: Inflation

But on paper Ben Bernanke, cheap debt, and a rising stock market have rescued private equity from suffering a complete disaster from the buyout boom of 2005 to 2008, when private equity firms raised and invested unprecedented sums of cash.

FORBES: The Great Private Equity Comeback Is Complete--At Least On Paper

The central bank has already raised interest rates, in April, in an effort to slow the investment boom .

BBC: ���� �ߧ�ӧ�����: China's investment boom worries