The Fed’s torrent of cash pushed the fed funds rate down to 1% this week, from a high of 6% in the wake of Lehman’s failure.

本周，联储突增的现金使得联邦基金利率从雷曼破产后的6%高点，下降到了1%。

youdao

Only Mr. Bernanke is formally in a position to exercise that high authority now, which he is doing — he announced last week that the Fed would inject an extra $1 trillion into the financial system.

现在，唯有伯南克才可以正式地行使这种极高的权力，这也是他正在做的事情——他上周宣布，美联储将向金融体系追加注入1万亿美元。

youdao

But it did manage to work the Fed funds rate down to 1% and final sales surged.

但是，美联储确实努力使联邦基金利率降至1%，并增加了最终销售。

youdao

The Fed chief spoke amid word of higher U.S.consumer spending, which rose 1.3 percent in August the biggest jump in nearly eight years.

VOA: standard.2009.10.01

At that time, the Fed had cut the Federal Funds Rate to 1%, we had very low short rates.

当时联储局将联邦基金利率降至1%,短期利率非常低

耶鲁公开课 - 金融市场课程节选

It's very clear and that is the Fed had just cut interest rates to 1%--it was unusual-- it was much talked about.

很明显,联储局刚将利率,削减至1%,这是很少见的事情,人们对此评论纷纷

耶鲁公开课 - 金融市场课程节选

That's moving it closer to the Fed's 1.5 percent target rate for short-term rates.

NPR: Stocks Turn Higher As Market Assesses Economy

The yield on the benchmark 10-year note finished the day at 1.640%, compared to about 1.67% prior to the Fed statement.

WSJ: U.S. Stocks Close Mixed

Volcker also made it abundantly clear that he believes the No. 1 priority of the Fed should be to provide price stability and prevent inflation from rising.

FORBES: Regulate All That Leverage