The difference in monetary policy is equally striking.
货币方面的差距同样让人震惊。
This followed a tightening in monetary policy that lifted the base rate from 3.5% in October 2003 to 4.75% in August 2004.
然而随后货币紧缩的政策又将2003年10月份3.5%的基础利率上调至2004年8月份的4.75%。
The reserve ratio is sometimes used as a tool in monetary policy, influencing the country's economy, borrowing, and interest rates.
央行年内十次上调存款准备金率,也是我们货币从紧政策的一个体现了。
It seems that when the Fed is responsible for monetary policy and bank supervision, its performance in both suffers."
VOA: standard.2010.03.17
It was something like a central bank but it was different essentially in that the National Banks really didn't have authority to run monetary policy.
它像是个中央银行,但是在本质上不同,因为国家银行真的,没有什么权力运行货币政策。
I'm also interested in like how the fed does monetary policy.
我还对美联储怎样出台货币政策有兴趣。
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