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

What they're doing is emphasizing the different objectives of regulators.

财政部的人所需要做的就是,好好地发挥这三部分管理者的作用。

耶鲁公开课 - 金融市场课程节选