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%。

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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%。

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