Such fiscal adjustment may be necessary to ensure medium-term debt sustainability, but its immediate effect would lead to a reduction in private and public aggregate demand.

为了保持债务的中期可持续性，这些财政调节措施或许是必要的，但其短期效应将导致私人和公共部门总体需求的减少。

youdao

America cannot wait for ever to rein in its debt. It needs to lay out credible plans for medium-term deficit reduction.

美国不能依靠等待来控制其债务【不能永远不控制它的债务】，它需要制定可靠的中期削减赤字计划。

youdao

But these demographic shifts set the boundaries for rich countries' medium-term future, including their ability to service their public debt.

但是，这些人口结构的变化为富裕国家的中期未来设置了障碍，包括他们偿还公共债务的能力。

youdao

"But we also have to recognize that if markets are skittish and don't have confidence that we can tackle the tough problems of our medium- and long-term debt and deficits,then that also is going to undermine our recovery."

VOA: standard.2010.06.27

The Spanish government was able to find buyers for its medium-term debt this morning, at a not-too-exorbitant rate of interest of about 5%.

BBC: Central banks and the 'spirit of 2008'

The Goldilocks policy, as the IMF calls it, urges countries to embark on a gradual fiscal adjustment in the short term, if the markets allow it, coupled with a credible medium-term debt-reduction plan.

ECONOMIST: Charlemagne

One concern for large institutional investors like Mr. Oka buyers of government debt with some of the longest maturities is that market participants such as banks, who usually buy mostly short- and medium-term government debt, could start buying longer bonds too.

WSJ: Japanese Government Bonds Soar