When interest rates fall, the opposite effect on asset prices may be predicted.
而当利率调低时,人们就能预测其会对资产价格产生相反的作用。
When asked what he meant by that, Mr Trichet said that when interest rates fall to “very, very low” levels it is hard to raise them again.
当被问及其意指如何时,特先生回答道,当利率降到“非常、非常低”的水平时,再想提息就难了。
The recession was more than a year old when Mr. Obama took office, the Fed already had cut interest rates to zero and the economy was still in free fall.
在奥巴马上任时,经济衰退已经持续一年多时间了,美联储也已将利率下调到了零,但经济仍在大幅下滑。
For bonds, when interest rates rise, prices fall.
在债券方面,利率上涨,债券价格便会下跌。
For bonds, when interest rates rise, prices fall.
在债券方面,利率上涨,债券价格便会下跌。
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