The US and China both cut interest rates yesterday, with the US Federal Reserve cutting interest rates by half a point to 1 per cent, a level equalled only once before in 2003.

美国和中国昨日双双降息，其中美联储（Federal Reserve）将利率下调50个基点至1%，这一水平仅在2003年出现过一次。

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When stock markets in the United States, Europe and Asia continued to plunge, the world’s leading central banks on Oct. 8 , with the Federal Reserve cutting its two main rates by half a point.

美国、欧洲和亚洲的股市持续下跌。 10月8日，全球各主要央行联手大幅降息，美联储也降息0.5％。

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The Federal Reserve has sent US rates about as low as they can go, cutting the benchmark federal funds rate to a range of zero to 0.25 per cent.

美联储正在把联邦基准利率削减至0到0.25%水平，这已经接近他们所能做的极限。

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In response to the subprime crisis that we are now in, our central bank, the Federal Reserve, has been cutting interest rates aggressively to try to save the economy that appears to be declining.

为了积极应对,目前的次贷危机,我们的中央银行,也就是美联储,已经调低利率,来积极地拯救正在衰退的经济

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Because it lies in a marine nature reserve, cutting it up could be hugely damaging to the local environment.

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It also led to the Federal Reserve subsequently cutting interest rates by 0.5%, and some investors are now hoping for further reductions to help the economy along.

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The dollar made one of its biggest jumps of the year against the euro on September 4th, as investors fretted that strong American manufacturing figures would stop the Federal Reserve from cutting interest rates again.

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