The Fed then again cut interest rates in 2001 in response to the very definite weakness of the economy.
美联储在2001年又一次降低了利率1,为了适应经济中明确的弱点。
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
I think it's important to get the spending cut too It's very...it's much more difficult to work on the spending in fact but that's essential.
我觉得,同时还应当削减财政支出呢,尽管事实上这个更难做到,但至少这一点至关重要。
It's very clear and that is the Fed had just cut interest rates to 1%--it was unusual-- it was much talked about.
很明显,联储局刚将利率,削减至1%,这是很少见的事情,人们对此评论纷纷
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