Bernanke says that all the Fed's quantitative easing is doing is, "lowering interest rates", but in fact, yields on the 10-year bond are now 2.97%, a new four-month high.
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Lowering interest rates could have disastrous consequences for the economy.
降低利率可能给经济带来灾难性后果。
The starting-point for many policymakers remains lowering interest rates.
很多决策者的出发点仍然是降息。
In this world, lowering interest rates to stimulate growth does not help very much.
在这个世界中,降低利率以刺激增长起不到太大的作用。
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