即使不是真的紧缩，美国经济也是疲弱。
同样，信贷紧缩的经济影响慢慢也会更加清楚。
So, too, the economic effects of the credit crunch will become more apparent over time.
紧缩政策会进一步拖累增长，进而可能威胁经济复苏。
Tightening policy would act as a further drag on growth, possibly threatening the recovery.
每个月的数据体现出经济紧缩的速度在慢慢的减缓。
Monthly indicators also suggest that the rate of economic contraction is slowing.
信贷紧缩将可能威胁经济。
过早的实行财政紧缩可能会使经济复苏流产。
如果一些国家过早采取紧缩政策，会导致全球经济恢复放缓。
有人说，这种迹象是紧缩破坏了经济而不是治愈经济。
That is a sign, say some, that austerity is killing the economy, not curing it.
若通货紧缩将要加深的话，实际利率就将上升，从而进一步阻碍经济活动。
Were deflation to deepen, real interest rates would rise, further hampering economic activity.
经济环境仍保持着紧缩。
在某种程度上来说有助于抑制全球经济通货紧缩，这种循环是有益的。
To the extent that this helps contain global disinflation, it is helpful.
只有对经济复苏的信念越加坚定，财政紧缩措施才可以越早开始推行。
The more entrenched the recovery, the earlier a fiscal clampdown can begin.
但通货紧缩对今天的经济真的是一种威胁吗？
通货紧缩的经济效应即是这个问题的一个重要方面。
The economic effect of deflation is one important aspect of this problems.
奥朗德带着促进经济增长，降低失业率和终结紧缩的承诺上任。
Mr Hollande was elected on a promise to kick-start growth, cut unemployment and end austerity.
经济形势不好，直接带来的是就业紧缩。
Economic situation is bad, what bring directly is obtain employment constrictive.
直接原因不尽相同，但共同的背景是经济紧缩。
The immediate cause varied, but economic austerity was the common backdrop.
他们开始了一段经济紧缩的过程。
他们提到“经济紧缩”。
国家的经济危机严重，甚至剧场也不得不紧缩开支。
The country's crisis was so grave that even the theatre would tighten its belt.
由于经济危机，厂主在对工厂采取紧缩措施。
Owing to the economic crisis, the factory owner is running his factory down.
通货紧缩仍然是一个问题，严重阻碍经济增长。
Deflation is still an issue, and this remains a serious hindrance to economic growth.
通货紧缩是减少经济活动。
自1997年以来，我国进入了本轮经济周期中的通货紧缩阶段。
China has stepped into the deflation stage of this economic cycle since 1997.
通货紧缩是我国经济运行中的新现象。
Deflation is a new phenomenon of economic function in China.
通货紧缩是我国经济运行中的新现象。
Deflation is a new phenomenon of economic function in China.
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