Many householders have onerous debts, and would cut spending abruptly should prices plunge.

许多居民负有繁重债务，并会削减开支以应对价格的意外暴跌。

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The Fed cut was intended to offset the sharp tightening in credit conditions in the past two months that threatens to plunge a weakening economy into a deep recession.

美联储减息旨在缓和近两个月信贷急剧紧缩的状况，这种形势有可能拖累日渐疲弱的美国经济陷入深度衰退。

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Still, given the convulsions that have just swept the markets—the bankruptcy of Lehman Brothers’ holding company, the bail-out of AIG and Monday’s 4% plunge in stock prices—why not cut rates?

而且，考虑到市场刚刚遭受扫荡——雷曼兄弟倒闭，美国国际集团被接管和周一股票市场4％的大幅下挫——为何还不减息呢？

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Many householders have onerous debts, and would cut spending abruptly should prices plunge.

ECONOMIST: House prices

The cap is cut by canyons and troughs that plunge as deep as one kilometre beneath the surface.

BBC: By BBC News Online Science Editor Dr David Whitehouse

The night after the blackout, there was indeed an earthquake, of 6.8 on the Richter scale strong enough to cut the power supply and once again to plunge large areas of the northern Philippines into darkness.

ECONOMIST: The Philippines