It's contracting so the Fed is trying to prevent a serious recession by cutting interest rates; they've been cutting them rapidly.

它在减小,所以美联储正在试图阻止一个因为利率缩减,而产生的严重的经济衰退；,但是他们最近一直在降低利率。

耶鲁公开课 - 金融市场课程节选

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。

耶鲁公开课 - 金融市场课程节选

So if it's slowing, rates cut.

若经济增长缓慢，则降低利率。

斯坦福公开课 - 经济学课程节选

Buying them tends to push up the price; that tends to influence the yield down so it encourages a lower level of interest rate.

买进它们，导致价格上升；,导致参数降低,所以它鼓励一个低的利率水平。

耶鲁公开课 - 金融市场课程节选

So that would mean that the Fed should be raising interest rates to try to tighten up the economy and bring the inflation rate down.

所以，这意味着,美联储应该提升利率,以试图加强经济,并且将通货膨胀率降低。

耶鲁公开课 - 金融市场课程节选

In my view--the Fed has dramatically cut interest rates.

在我看来，美联储已经戏剧性地降低了利率。

耶鲁公开课 - 金融市场课程节选

It wasn't caused by the Fed's sudden tightening against inflation. It was different it was this recession was not understood not anticipated; the Fed came in late to cut interest rates to try to prevent it from being worse because it just didn't seem to have any reason for happening.

它不是由于美联储对通货膨胀的,突然紧缩政策造成的，它不同之处在于,这个经济衰退没有被理解，没有事先准备好；,美联储试图阻止它恶化而,降低利率为时已晚，因为,它似乎看起来没有任何理由发生。

耶鲁公开课 - 金融市场课程节选