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WBR: Wall Street Update 4 June 15
Fri, 5 Jun 15
The cost of borrowing money in the world's biggest economy has been close to zero for more than six years now. So is it time for US interest rates to rise? No, according to the International Monetary1 Fund. It's urged the US central bank to hold fire until next year. It's unusual for the IMF to intervene directly and issue advice on what a central bank should do with interest rates. Cary Leahy of Decision Economics told us what investors2 on Wall Street made of it.
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1 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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2 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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