If the Fed wants to push the Federal Funds Rate up and down it goes and buys short-term government bonds.

如果联邦希望推动,联邦资金利率上升下降,它将会去买短期的政府债券。

耶鲁公开课 - 金融市场课程节选

At that time, the Fed had cut the Federal Funds Rate to 1%, we had very low short rates.

当时联储局将联邦基金利率降至1%,短期利率非常低

耶鲁公开课 - 金融市场课程节选

The Federal Funds Rate is a rate that is targeted by the Fed and it's their principle target.

联邦资金利率是,一个被联邦瞄准的比率,并且是他们主要的目标。

耶鲁公开课 - 金融市场课程节选

The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.

贴现率是一个联邦可改变的政策,并且它比联邦资金利率通常,低五十个基本点。

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What they did instead of just-remember the Federal Funds Rate is a target interest rate that the Fed attempts to hit through buying and selling treasury bills in the U.S. or in other countries buying and selling government bonds to affect the market.

他们真正做的事-记住,联邦资金利率是,美联储试图通过在美国,买进和卖出国库券,或在其他国家买进和卖出政府债券,来影响市场的目标利率。

耶鲁公开课 - 金融市场课程节选

What they want to do is expand the actions of the Fed, so that they're not--you can describe the Federal Reserve or any central bank, traditionally, as a banker's bank the Bank of England was the first central bank and it made banks keep deposits at the Bank of England.

他们想做的是扩大政府对经济的调控范围，这样政府就能将联邦储蓄,或者其他中央银行变成银行的银行,英国银行是第一个中央银行,他使其他银行将钱存放在它这里。

耶鲁公开课 - 金融市场课程节选