In all the other cases fiscal policy either had no discernible exchange rate effect or it was the expansion of the deficit that caused the exchange rate to fall.

在其余案例中，要么看不出财政政策对汇率产生影响，要么反而是赤字扩大导致汇率下跌。

youdao

The conclusion is clear: the reason for the us trade deficit with China is not about China's currency exchange rate.

结论很清楚：美国与中国产生贸易赤字的原因并不是与中国货币汇率有关的问题。

youdao

A sizeable current account deficit and high unemployment rate remain the two most serious economic problems.

规模巨大的货币赤字和高的失业率仍然是最严重的两大经济问题。

youdao

In early 2008, Vietnam's inflation rate had risen to 25 per cent, while the country's trade deficit widened to more than $14 billion.

VOA: standard.2009.10.16

In January, it also cautioned that high inflation and the country's wide current-account deficit would constrain future rate cuts.

WSJ: India Factory Output Improves

There are many reasons why the bond market is failing to send the interest rate signals deficit hawks expect.

FORBES: A Budget Deal Is Staring Them In The Face. Here's Why Congress Won't Take It In 2013.

Reducing the budget deficit would increase the rate of growth in the economy, increase corporate profits, buttress the stock market.

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