CNN News:世界經(jīng)濟陷入衰退困境

Fridays are awesome. This is the 10 minutes of commercial free current events known as CNN STUDENT NEWS. My name is Carl Azuz. If you were to ride a rollercoaster with ups and downs like the stock market`s had recently, you`d be sick. The Dow Jones Industrial Average is exactly that, an average of 30 significant stocks in the New York Stock Exchange. It`s one measure of how the whole stock market is doing. Wednesday, it jumped; yesterday, it dropped. 335 points, its worst day of the year in points. Why? One reason is the European economy.

又到周五了，這里是不含商業(yè)廣告的十分鐘時事新聞，CNN學生新聞。我是Carl Azuz。如果你像股市漲幅忽上忽下一樣坐過山車的話你會感到惡心。瓊斯工業(yè)指數(shù)就像是在坐過山車，平均有30股股票在紐約交易所出現(xiàn)。現(xiàn)在紐約交易所股市只有一個舉動，就是周三的時候上升，昨天下降，335個百分點，一年中跌的最嚴重的一次。為什么呢?其中一個原因就是歐洲經(jīng)濟。

Investors are getting nervous that Germany, Europe`s biggest economy, could slip into a recession. And when investors get nervous, they sell stocks.

投資者越來越擔心歐洲最大的經(jīng)濟體，德國，將會陷入衰退危機。當投資者感到危機的時候，他們就會賣掉手中的股票。

Another reason, The Fed. Its recent moves indicate that it thinks global economic growth may be slowing down.

另一個原因就是美國聯(lián)邦儲蓄。近期的行動表明全球經(jīng)濟增長局勢可能放緩。

So we`ve all heard that phrase, that, you know, money makes the world go around, but you may have asked yourself once or twice, OK, well, who makes the money go around? And so the answer is the Federal Reserve, or as my friends and I like to call it, the Fed. So the Fed is pretty much unlike any other U.S. institution that I can think of. It`s run by a board of governors based in Washington, D.C. It had 12 Federal Reserve banks located around the main banking centers of the country. So places like New York, San Francisco, Philadelphia. The presidents of these banks and the board of governors, they meet eight times a year to make big policy decisions and to ensure the economy is moving at a stable clip. So the Congress oversees the Fed, but the Fed does not really answer to Congress. The Fed operates completely independently, because the Fed doesn`t care about politics. All it cares about is basically two things. Number one, keeping prices stable. And no. 2, trying its best to ensure that everybody who wants a job gets one.

我們曾經(jīng)聽說過一句話，叫金錢推動世界運轉，但是你可能會不止一次的問過自己，誰推動金錢運轉。答案就是美聯(lián)儲。所以美聯(lián)儲與其他任何我可以想象到的機構都不同。美國聯(lián)邦儲蓄銀行由以華盛頓官員組成董事會，在全國擁有12個聯(lián)邦儲蓄分行，分布在全國主要的金融中心。例如紐約，舊金山和費城。這些銀行總裁和董事會每年都會舉行八次會議作出重要政策決定來確保經(jīng)濟穩(wěn)定發(fā)展。因此國會會監(jiān)督美聯(lián)儲工作，但是美聯(lián)儲沒有真正對國會提出過回應。美聯(lián)儲完全獨立運作，因為它并不關心政治政策，只是關心兩大基礎事情。第一是保持價格穩(wěn)定，第二是確保所有人有工作可做。

So if the economy is heating up, it tries to cool things down by raising the cost of borrowing by making it harder to borrow money. And if things are getting too cold, it does the opposite. So you can sort of think of the Fed like Goldilocks. It doesn`t really like things too hot, too cold. It wants everything to be just right.

如果經(jīng)濟一直升溫，美聯(lián)儲將會通過提高貨幣價格提升借貸成本來平穩(wěn)經(jīng)濟發(fā)展。反之亦然。所以你可以簡單的認為美聯(lián)儲就像是金發(fā)姑娘，既不喜歡太冷也不喜歡太熱。剛剛好即好。