最重要的问题是联邦政府的持续赤字财政。
The overriding problem is the continuing deficit financing of the federal government.
联邦政府的领导人们继续他们争取停火的努力。
Federal leaders continued their efforts to secure a ceasefire.
联邦政府的官员们仍坚持说美元会很快恢复平稳,但灾难却爆发了。
Fed officials continued to insist that the dollar would soon return to stability but disaster struck.
If the Fed wants to push the Federal Funds Rate up and down it goes and buys short-term government bonds.
如果联邦希望推动,联邦资金利率上升下降,它将会去买短期的政府债券。
What I want to do is talk about what the Fed in this country is doing and what other central banks are doing.
我想谈论一下,这个国家的联邦政府正在做什么,并且其它的中央银行正在做什么。
This is in the earliest years of the commonwealth government.
这是在联邦政府刚成立不久的几年间。
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