This paper uses GARCH models and event study method to study the short-term control effect of interest rates adjustment and deposit reserve rate adjustment policies to stock market.

本文利用GARCH模型，运用事件研究方法研究利率、存款准备金率调整对股票市场的短期影响。

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What effect of interest rates on consumption when the interest rates change is an issue that is worth exploring.

持续降息究竟会对消费产生什么影响是一个值得探讨的问题。

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Several studies show that the expansionary effect of lower interest rates has often outweighed the contractionary effect of lower government spending.

ECONOMIST: Tightening economic policy

Paradoxically the halo effect of early interest rate convergence allowed a greater divergence in fiscal policies.

FORBES: Roubini Warns Of Euro Break Up As Greek Credit Rating Tumbles

Morgan isn't immune to the struggle that impacts most U.S. banks, particularly the effect of low interest rates on profits from lending and investing.

WSJ: J.P. Morgan to Cut $1 Billion in Costs, 4,000 Jobs