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。

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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。

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