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Chinese dictionary
v.cut the interest rate; lower the interest rate
连续两次降息
two consecutive interest rate cuts
降息对增税带来的打击将起到缓和作用。
A reduction in interest rates would soften the blow of tax increases.
从Fed首次降息的9月份至11月底,美元就像坐上了下坡的快车。
From the Fed's initial rate cut in September through to late November, the dollar was on an express train downhill.