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The Fed will look for signs that its moves have stopped the contagion. Officials are not expecting any quick recovery in credit market conditions, or in broad market confidence.
中文意思:
美联储将密切关注市场迹象,看看其举措是否阻止了危机蔓延。官员们不指望信贷市场状况或广大投资者的信心会迅速复苏。


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The Fed chairmanMr Bernanke said core inflation had “improved modestly since the spring” but observed that inflation remains “uncomfortably high”. 伯南克表示,核心通胀水平“自春季以来已略有改善”,但通胀水平仍“处于令人不安的高位”。
The Fed has had a global effect since so many Asian countries have (formally or informally) linked their currencies to the dollar, keeping their interest rates low. 由于许多亚洲国家(正式或非正式地)将它们的货币与美元挂钩,并保持低利率,所以美联储有着全球影响力。
The Fed has lent freely, not always at penal rates. 美联储允许自由借贷,虽然不是以惩罚性税率。
The Fed has signalled that they are worried about inflation whilst the market seems to be concerned with a growth slowdown. 美联储表示他们担忧通货膨胀,同时也担心市场增长速度会有所下降。
The Fed might try to prevent a free fall in the dollar's price by driving interest rates still higher. 美联储为防止美元价格的急剧下滑,或许会进一步提高利率。
The Fed will look for signs that its moves have stopped the contagion. Officials are not expecting any quick recovery in credit market conditions, or in broad market confidence. 美联储将密切关注市场迹象,看看其举措是否阻止了危机蔓延。官员们不指望信贷市场状况或广大投资者的信心会迅速复苏。
The Fed's approach is implicit rather than explicit—which partly explains the Fed-watching industry's obsessive deconstruction of every official utterance. 美联储的态度倾向于含蓄而不是明确——能够部分解释美联储的行为——观察产业,并摧毁每个官员言论中的成见。
The Fed's desire not to tie itself down is understandable. 美联储不愿被(自己可能不当的政策)约束的愿望是可以理解的。
The Fed's favourite measure of inflation, the annual increase in the “core” personal consumption expenditure (PCE) deflator (ie, excluding fuel and food), rose in March to 2%—the most that Ben Bernanke, the Fed's newish chairman, feels comfortable with. 美联储偏爱的测量通胀的指数,核心个人消费支出平减指数(PCE,包括燃料和食品支出)的年增长,在3月份增长至2%,这是美联储新任主席伯南克所能容忍的最高值了。
The Fed's prescription for the problem back then was to keep printing money, giving up the inflation fight to artificially grow the economy. 那时候,联邦政府解决问题的方法就是不断地印刷钞票,对通话膨胀感到绝望,人为地增长经济。
The FedEx investment is a major boost to the one-year old Guangzhou airport, which competes with Shenzhen and Hong Kong as a gateway to the Delta. 联邦快递的投资,对运营一年的广州新白云机场来说是个重大推动。该机场正与深圳和香港机场争夺珠三角的门户地位。
 
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