In fact they decide on how to set interest rates and borrowing requirements for member banks.
事实上,他们决定如何制定利率,和会员银行的法定准备金率。
I give them legal advice and legal representation, and go to court with them and all sorts of things.
我会给他们一些法律方面的建议,做他们的法定代理人,陪同他们去法院诉讼等等。
An insurance company must hold the reserves; it can hold more and that's called the statutory surplus.
保险公司必须持有准备金,可以提取更多准备金,这叫做法定盈余
But this was a legal situation to try to keep this balance of power among households.
但这只是法定情形,以保持家户间权力平衡。
Hobbes, in other words, tried to render acceptable, tried to render palatable, what Machiavelli had done by providing a more precise and more legal and institutional framework for the modern state.
霍布斯,换句话说,试图去变得易于接受,试图去变得更加愉快,马基雅维利的做法是,给现代国家提供一个,更加精确,更加法定的机构性框架。
and what we do is provide legal representation for homeless people and poor people,
我们的工作就是为无家可归的人以及穷人提供法定代理服务,
that you could have a bona fide occupational qualification,
这项工作就适用法定职业要求。
One form of monetary policy that the Fed does is they can change these reserve requirements.
美联储制定的一种货币政策形式是,他们可以改变法定准备金率。
One of the things that the Federal Reserve does is it sets reserve requirements for banks.
一个联邦储备银行做的事是,它给银行设定了法定准备金率。
Now the reserve requirement is progressive.
现在这个法定准备金率是逐步上升的。
The reserve requirement now is 10% 10% on demand deposits so they're forced to keep those reserves and much of that is in the form of deposits at the Federal Reserve Banks.
现在的法定准备金率%,在活期存款上是,所以它们被强迫持有这些准备金,并且一大部分是在联邦储备银行,存着的。
Reserve requirements are like what the Bank of England did or the Suffolk Bank did long ago.
法定准备金率就像,英格兰银行做的那样,或是Suffolk银行之前做的一样。
Small banks have lower reserve requirements but it rapidly gets up to a standard.
小银行有低一些的法定准备金率,但是这个比率快速的上升到一个新的标准。
But this is the legal situation.
但这是法定情形。
Banks still are vulnerable to bank runs because they still have deposits so the system is still vulnerable and therefore the Federal Reserve has a set of reserve requirements.
银行仍然对银行挤兑敏感,因为它们仍然有存款,所以这个系统还是比较脆弱的,因此,联邦储备金有一系列的法定准备金率。
if the employer can show what is called a "Bona Fide Occupational Qualification", a BFOQ.
就是雇主能够证明存在“法定职业要求”,简称BFOQ。
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