因此,尽管降息方案仍然放在案头,但是美联储现在将继续依靠资产负债表去抵消信贷紧缩。
So although a rate cut remains on the table, the Fed will continue for the moment to rely on the growing use of its balance-sheet to counter the credit crunch.
通过有序地创造货币抵消信贷紧缩、向银行系统注资,以及注销或减记累积债务,我们可以做到这一点。
It can be done – by creating money to offset the contraction of credit, recapitalising the banking system and writing off or down the accumulated debt in an orderly manner.
给UNDP基金拨款的国家将会收到一份避免温室气体排放的信贷,可能部分抵消他们国家的石油燃烧费用。
Countries that paid into the UNDP fund would receive a credit for the avoided greenhouse gas emissions, potentially offsetting some of their own oil burning.
巴克莱发表声明拒绝具体说明前几年账单明细,但是承认在信贷紧缩时期通过抵消坏账的方式减少了税务支出。
Barclays said that its bill had been reduced by offsetting bad-debt charges incurred during the credit crunch, though it refused to specify what the bills had been in previous years.
与此同时,信贷市场其他领域的高息差和定价不一致也使得很多银行的存量资产缩水,很可能完全抵消了经纪佣金。
Meanwhile, wide spreads and incongruent pricing in the rest of the credit markets led to many Banks to take negative inventory marks, which will most likely outweigh broker commissions.
意大利联合信贷银行公布第三季度利润减少15%,交易收入减下降抵消了坏账准备金减少的影响。
Italy's biggest bank said third-quarter profit declined 15 percent after lower trading income outweighed a drop in bad-loan provisions.
对此,人们有不同的看法,不过如今许多科学家认为碳信贷计划(利用诸如植树这样的方法来抵消二氧化碳排放量)弊大于利。
Opinion is divided, but many scientists now believe carbon credit schemes (where carbon dioxide emissions are offset using techniques such as planting trees) do more damage than good.
但是,只要他们的现金充足,影子银行也能够抵消监管者以前那种命令大的国有银行来启动低利率信贷的冲击。
But as long as they exist in their current profusion, the shadow Banks also neutralise the regulators' former capacity to order the big state Banks to launch another low-interest credit splurge.
第二,目前,私人信贷需求的疲软足以抵消利率的上行压力。
Second, the weakness in private credit demands will substantially offset pressures on rates for now.
美联储当时的困境在于,要想令国内需求维持在高位,以抵消(企业和官方的)资本流入的影响,唯一的方法是制造一场信贷热潮。
The Fed's dilemma then was that the only way to sustain domestic demand at levels high enough to offset the capital inflow (both private and official) was via a credit boom.
当前的低利率也抵消了经济增长不振对信贷需求的不利影响。
The current level of interest rates is also counterbalancing the negative impact of subdued economic growth on credit demand.
当前的低利率也抵消了经济增长不振对信贷需求的不利影响。
The current level of interest rates is also counterbalancing the negative impact of subdued economic growth on credit demand.
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