On Wednesday India's central bank raised a key short-term borrowing rate by a quarter percentage point to 8.0%.

在周三印度央行将关键的短期借款利率提升1/4，至8.0%。

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The key point to understand, though, is that guesses about the likelihood of this event should be based on global growth assumptions and not short-term worry about some bad headlines in China.

不过，人们应明白的关键一点是，对中国经济硬着陆几率的猜测应当以全球增长假设为依据，而不是对中国一些坏消息的短期忧虑。

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The key vulnerability arose as Banks and corporations in the region took on too much short-term, foreign currency external debt.

关键的脆弱性在于东亚地区的银行和企业举借了太多短期外汇外债。

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The longer it holds above this short-term key moving average, the higher probability we could see a bounce back to highs.

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Then in September, the Fed cut its key short-term interest rate for the first time since 2003 by one-half percentage point from 5.25 percent to 4.75 percent.

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However, the steel ETF has recently broken below key short-term support at its 10-day and 20-day moving averages, and is now testing round-number support in the 40 region.

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