Eventually, it arrived at the ZIRP: the zero interest rate policy.
最终，日本银行走到了zirp：零利率政策。
In effect, we have an incipient excess supply of savings even at a zero interest rate.
实际上，即使在利率为零的情况下，一开始也会有一个储蓄的过剩供给。
And even a zero interest rate isn't enough to persuade the unconstrained players to increase spending by enough to offset these cuts.
同时，即使利率为零也不足以使无此约束的参与者足量地增加支出对冲这种削减。
The protracted economic recession of Japan and the Great Depression of the 1930s are both characterized by zero interest rate plus deflation.
日本持续经济衰退与30年代的经济大萧条都表现出零利率加通货紧缩的特征。
If we stick to the zero interest rate policy for too long, we risk a degree of economic instability much more extreme and costly than the recent financial crisis.
如果我们维持零利率政策过久，那么未来经济不稳定的程度就有可能比最近的金融危机极端得多，代价也更高。
Right now we're in a liquidity trap, which, as I explained in an earlier post, means that we have an incipient excess supply of savings even at a zero interest rate.
现在我们陷入了一个流动性陷阱(在我此前的一篇文章中解释过)，意味着我们即使在零利率的时候，也将会遇到初始就过剩的储蓄。
After the market crash, Einhorn disagreed with the Fed's zero interest rate policy as he believed it was discouraging to savers and potential bond investors in the economy.
股市崩溃后，爱因霍恩不同意美联储的零利率政策，因为他认为这将使债券的持有人和潜在投资人失去信心。
The US households who took on triple zero mortgages-zero down payment, zero interest rate and principal repayment for two or three years knew they were offered only upside and no downside.
物业购置三零按揭——零首付、零利率、两三年内只付本金，人们认为条件只会越来越好，不可能变差。
In other words, the interest rate on loanable funds cannot fall below zero because holding cash guarantees a rate of return of zero.
换句话说，可贷资金的利率不可能低于零，因为持有现金的回报率都可以为零。
After six years of essentially free money, the BoJ sneaked in a quick interest-rate rise—from zero to 0.25%—in July, hoping that this would not stop inflation inching higher.
在经过了六年几乎没有利息之后，今年六月，日本央行在市场没有准备的情况下突然升息——将利率由0上调至0.25%，它原本期望这一举措不会阻碍通货膨胀率的稳步上扬。
It kept interest rate at zero to decrease debtors' carrying cost to zero and allowed them to pay down debts gradually over a decade.
它将利率降至零，从而使债务人的成本减少至零，并且允许他们在十年里逐渐偿清债务。
Buying more short-term debt is pointless because the interest rate on that debt is near zero.
购买更多的短期债务时毫无意义，因为短期债务的利率几乎为零。
In the US, the federal Reserve has cut the federal funds rate — the interest that Banks charge each other — to a range of zero to 0.25 percent.
在美国，美联储降低联邦基金利率-利息，银行收取对方-一系列的零到0 . 25个百分点。
Often used in capital budgeting, IRR is the interest rate that makes net present value of all cash flow equal zero.
IRR经常用于资本预算，它是使得所有现金流动的净现值为零的利率。
Economists surveyed by news organizations say the Federal Reserve is almost certain to keep the key U.S. interest rate steady in an ultra-low range (of zero to 0.25 percent).
接受新闻机构民调的经济学家们说，美联储几乎可以肯定会把美国主要利率稳定在一个极低的水平上(0至0.25%之间)。
Because the federal funds rate is already close to zero, the fed has been buying up bonds with a longer maturity to drive down long-term interest rates.
由于联邦资金利率已经接近于零，因此联储开始买入较长期债券，以降低长期资金利率。
After the earthquake of Christchurch in New Zealand, New Zealand Central Bank cut interest rate by 50 basis points, while Japan's interest rate has been zero.
新西兰基督城地震过后，新西兰央行降息50个基点，但日本利率已经为零。
Citing "downside risks" to a much-reduced economic outlook, the Fed said its short-term interest-rate target, near zero since the end of 2008, will probably stay there until at least mid-2013.
引用“下跌风险”来描述大幅下降的经济前景，美联储指出其短期利率目标将可能维持现在的水平一直到2013年中期，目前的利率自2008年底以来一直接近于0。
Japan's zero-interest-rate policy was designed to bail out debt-laden firms and Banks, but today, with much healthier balance sheets, they no longer need that subsidy.
日本制定零利率政策的本意是为了使负债公司和银行摆脱窘境。可时至今日，它们以优良的资产负债表证明已不再需要政策扶持。
The Bank of Japan also kept its benchmark interest rate near zero.
日本银行也将利息基准率调整为0左右。
On top of this, the Federal Reserve has cut its overnight interest rate to about zero and is lending directly in markets where private investors have retreated, including housing.
另外，美联储将隔夜利率下调到接近0的水平，还将直接借贷给那些私人投资者规避的行业上，包括房地产。
Criticizing the Federal Reserve's zero-interest-rate policy is the new national pastime, thanks to a surge in commodity prices.
但随着大宗商品价格飙升，批评美联储(FederalReserve)的零利率已成为美国人茶余饭后的新话题。
Short-term U.S. interest rates wouldn’t change: they’re being kept near zero by the Fed, which won’t raise rates until the unemployment rate comes down.
其实美国的短期利率是不会有变化的：因为它们一直被美联储控制在接近于零的位置，而且美联储也不会在失业率出现下降之前提高利率。
The Federal Reserve, like most major central banks, has already lowered its short-term interest rate, its main policy lever, in effect to zero.
大多数中央银行通过政策杠杆调控经济，美联储也将短期利率几乎降为0。
The Federal Reserve, like most major central banks, has already lowered its short-term interest rate, its main policy lever, in effect to zero.
大多数中央银行通过政策杠杆调控经济，美联储也将短期利率几乎降为0。
应用推荐