As this risk premium varies, it might overwhelm the effects of interest-rate changes.
由于风险的不同，风险因素可能压倒利率变化因素。
On the other hand, the income effects of interest-rate changes do not work in only one direction.
另一方面，利率变动对收入的影响方向并不唯一。
It takes two years for interest-rate changes to have their full effect on prices, so under the new regime the Bank of England looks farther ahead than it did.
因为利率调整对价格完全发挥作用要两年的时间，因此在这种新的机制下，英格兰银行比以前考虑问题更长远了。
This trend is mainly due to the factors of developing circle of national economy, changes on macro economic policy and level of interest rate.
这一运行趋势主要由我国经济运行周期、宏观经济政策的变化及利率不平等三个因素所决定。
With interest rates already at historic lows, the U. s. central bank announced no interest rate or policy changes, nor any new rounds of monetary infusions.
利率已经处于历史的低点，美国央行没有宣布利率或者政策变动，或是注入任何新的资金。
Meanwhile, changes in the local-foreign currency interest rate spread in 2007 and expectations of a RMB revaluation aggravated the disequilibrium in the balance of payments.
同时，2007年本外币利差变化、人民币升值预期，一定程度上扩大了国际收支的不平衡状况。
As the interest rate changes more frequently, modeling the term structure of interest rates and constructing a yield curve become more important.
因此，如何对利率期限结构进行建模，拟合出一条可靠、完整的收益率曲线变得越来越重要。
As the interest rate changes more frequently, modeling the term structure of interest rates and constructing a yield curve become more important.
因此，如何对利率期限结构进行建模，拟合出一条可靠、完整的收益率曲线变得越来越重要。
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