61DH61DH
Home
Health
Tech
Photography
English
Diary
Other
Home
Health
Tech
Photography
English
Diary
Other
  • 纽时简报

    • 纽时简报阅读笔记 - 文章列表
    • NYT The Morning — Sept 11, 2025
    • NYT The Morning — Sept 10, 2025
    • NYT The Morning — Sept 9, 2025
    • NYT The Morning — Sept 8, 2025
    • State Laws Clash on Abortion — Newsletter Breakdown
    • Are the Polls Wrong Again?
    • A Good Issue For Democrats
    • Murders Down, Robberies Up
    • Bad to Worse for Russia
    • Hispanic Voters, the New Swing Group
    • Democracy Challenged
    • Baking Challah
    • Profiting in Congress
    • The Fog of San Francisco
    • Poverty, Plunging
    • Ukraine on The March
    • Britain's Mourning Rituals
    • Covid's toll on Native Americans
    • An Era Ends
    • TV's prequel-mania
    • A Summer Of Climate Disasters
    • The Fall Dinning Scene
    • A Good Issue For Democrats

A Good Issue For Democrats

原文地址:The Fed's Challenge

The Federal Reserveris trying to tame inflation without wrecking the economy.

  • tame: 驯服/控制
  • wreck: 破坏

America’s central bank, the Federal Reserve, is trying to strike a delicate balance: It has to take steps to slow down the economy to bring inflation under control — but it wants to do so without causing a severe recession.

  • strike a delicate balance: 达成一个微妙的平衡

The predicament is unusual for a government agency. Typically, public officials talk about stimulating the economy and creating more jobs.

predicament: 困境

In response, the Fed has raised interest rates five times this year to increase the cost of borrowing money. The goal: More expensive loans will result in less investment, then less business expansion, then fewer jobs, then lower pay, then less inflation.

The Fed, believing inflation would be temporary, was slow to raise interest rates last year. That probably exacerbated the rising prices we’re dealing with now.

  • exacerbated: 加剧
Last Updated: 10/27/22, 9:55 PM
Contributors: Adam C
Prev
Are the Polls Wrong Again?
Next
Murders Down, Robberies Up