In that environment, a rate cut would have signalling value but would not rapidly translate into actual borrowing costs.

在这样的环境下，减息只有作为信号的价值，而不会迅速转化为实际的借钱成本。

youdao

'Binding overhang' -a common situation in which bound tariffs are much higher than actual tariffs-can often absorb even a very large cut in bound rates.

“约束性超出”是指约定关税远高于实际关税的这么一个通常情况。对于约定的税率而言，它通常可以有很大的降幅空间。

youdao

It kept its target at 28.8m barrels a day but agreed to abide more faithfully to that goal by curbing overproduction-leading to a cut in actual output of 1.8%.

大会决定保持每天2880万桶的原油产量，但是各成员国要同意严格遵守目标以控制生产过剩，而这将导致实际产量减少1.8%。

youdao

Notably, he is using threats of disruptions in Russian energy supplies and, in some cases, actual cut-offs for strategic ends.

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You considered nothing resembling a freeze or even, gasp, an actual cut.

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That's a net, that's an actual cut in spending by the government.

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