America has just enough firepower for another tax cut, wand high inflation makes it awkward for the Bank of England to reduce interest rates.

美国恰有足够火力炮轰另一项税务削减，高通胀的魔杖使得英格兰银行对削减利率心存顾虑。

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The Reserve Bank of India has cut interest rates and pumped liquidity into the banking system, but borrowing rates remain high.

印度储备银行已经降低了利率，向银行系统注入资金，但是贷款利率还是很高。

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UBS AG said in August it would cut 3,500 jobs, and executives there are expected to further scale back its once-high-flying investment bank.

瑞银集团(UBS AG) 8月份宣布将削减岗位3500个，预计其管理层还要进一步收缩当年意气风发的投资银行部门。

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Japanese stocks surged on Tuesday, hitting a fresh multi-year high, while the Australian dollar fell after the Reserve Bank of Australia cut interest rates.

WSJ: Nikkei Hits Fresh Multiyear High

If demand is cut again, the risks of debt default and a wider collapse in bank credit are high.

ECONOMIST: Letters | The

Unemployment in the eurozone has surged to a fresh record high, while inflation has fallen to a three-year low, boosting expectations that the European Central Bank will cut interest rates.

BBC: Eurozone unemployment at record high as inflation drops