The central bank posts an interest rate that is the rate at which these member banks can borrow.

中央银行设定一个利率,这个利率是这些会员银行可以借进的利率。

耶鲁公开课 - 金融市场课程节选

All of these banks are really in control of short-term interest rates and these interest rates are used to try to manage and stabilize the economy.

所有国家的中央银行都可以,控制短期利率,通过控制短期率达到,管理和稳定经济的作用

耶鲁公开课 - 金融市场课程节选

In response to the subprime crisis that we are now in, our central bank, the Federal Reserve, has been cutting interest rates aggressively to try to save the economy that appears to be declining.

为了积极应对,目前的次贷危机,我们的中央银行,也就是美联储,已经调低利率,来积极地拯救正在衰退的经济

耶鲁公开课 - 金融市场课程节选