America and Europe reacted to the unfolding crisis by unveiling broad bail-out packages for the financial system. After a battle in Congress America extended $700 billion in funding. With credit markets frozen, central banks took emergency steps to boost liquidity. America's Federal Reserve made unprecedented market interventions, such as buying large amounts of short-term debt issued to companies to enable day-to-day financing.
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With credit markets frozen, central banks took emergency steps to boost liquidity.
随着信贷市场陷入停滞，各国央行采取紧急措施增加其流动性。
With credit markets frozen, the engines of the U. S. economy are essentially stuck.
由于信贷市场冻结，美国经济增长也陷入停滞。
Failing investment Banks and frozen credit markets - what have these to do with the leafy suburbs of, say, Minneapolis?
他们认为，倒闭的投行以及冰封的信贷市场，这些与明尼阿波利斯郊区的人们有什么关系呢？
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