official discount rate

简明释义

法定贴现率

英英释义

例句

1.The central bank announced a change in the official discount rate 官方贴现率 to stimulate economic growth.

中央银行宣布调整官方贴现率来刺激经济增长。

2.Investors closely monitor changes in the official discount rate 官方贴现率 as it affects market interest rates.

投资者密切关注官方贴现率的变化，因为它会影响市场利率。

3.Businesses often adjust their lending rates based on the official discount rate 官方贴现率 set by the government.

企业通常根据政府设定的官方贴现率调整其贷款利率。

4.The official discount rate 官方贴现率 is a vital tool for controlling inflation.

官方贴现率是控制通货膨胀的重要工具。

5.A lower official discount rate 官方贴现率 can lead to increased borrowing and spending in the economy.

较低的官方贴现率可能导致经济中借贷和消费的增加。

作文

The concept of the official discount rate is crucial in understanding monetary policy and its impact on the economy. The official discount rate refers to the interest rate charged by central banks on loans they provide to commercial banks. This rate serves as a benchmark for other interest rates in the economy, influencing borrowing costs for consumers and businesses alike. When the central bank adjusts the official discount rate, it signals its stance on monetary policy, aiming to either stimulate economic growth or curb inflation.To comprehend the significance of the official discount rate, one must first grasp the role of central banks. These institutions are responsible for managing a country's currency, money supply, and interest rates. By setting the official discount rate, central banks can control the flow of money in the economy. For instance, if the central bank lowers the official discount rate, it becomes cheaper for commercial banks to borrow money. This encourages banks to lend more to businesses and consumers, thus stimulating economic activity. Conversely, raising the official discount rate makes borrowing more expensive, which can help cool down an overheating economy.The relationship between the official discount rate and inflation is particularly noteworthy. Inflation occurs when the general price level of goods and services rises, eroding purchasing power. Central banks monitor inflation closely and may adjust the official discount rate accordingly. If inflation is rising above the target level, a central bank might increase the official discount rate to discourage spending and borrowing. This, in turn, can help stabilize prices and maintain consumer confidence.In addition to influencing interest rates, the official discount rate also plays a role in shaping investor expectations. Financial markets closely watch central bank decisions regarding the official discount rate. A change in this rate can lead to fluctuations in stock prices, bond yields, and foreign exchange rates. Investors often interpret a decrease in the official discount rate as a signal that the central bank is adopting a more accommodative monetary policy, which can lead to increased investment and higher asset prices. On the other hand, an increase in the official discount rate may signal tighter monetary policy, leading to cautious investor sentiment and potential declines in asset prices.Furthermore, the official discount rate can vary from country to country, reflecting different economic conditions and monetary policy frameworks. For example, during times of economic crisis, some central banks may implement a zero or near-zero official discount rate to encourage lending and support recovery efforts. In contrast, countries experiencing high inflation may adopt a higher official discount rate to rein in price increases.In conclusion, the official discount rate is a vital tool in the arsenal of central banks, influencing not only borrowing costs but also broader economic conditions. By adjusting this rate, central banks can steer the economy towards their objectives, whether that is fostering growth or controlling inflation. Understanding the implications of the official discount rate is essential for economists, investors, and policymakers alike, as it provides insight into the health of the economy and the effectiveness of monetary policy. Ultimately, the official discount rate is more than just a number; it is a reflection of a nation’s economic strategy and priorities.

“官方贴现率”这一概念在理解货币政策及其对经济影响方面至关重要。“官方贴现率”是指中央银行向商业银行提供贷款时收取的利率。这个利率作为经济中其他利率的基准，影响着消费者和企业的借款成本。当中央银行调整“官方贴现率”时，它传达了其对货币政策的立场，旨在刺激经济增长或抑制通货膨胀。要理解“官方贴现率”的重要性，首先必须掌握中央银行的角色。这些机构负责管理国家的货币、货币供应量和利率。通过设定“官方贴现率”，中央银行可以控制经济中的资金流动。例如，如果中央银行降低“官方贴现率”，商业银行借款的成本就会降低。这鼓励银行向企业和消费者提供更多贷款，从而刺激经济活动。相反，提高“官方贴现率”会使借款变得更加昂贵，这可以帮助降温过热的经济。“官方贴现率”和通货膨胀之间的关系尤其值得注意。通货膨胀发生在商品和服务的总体价格水平上升时，侵蚀购买力。中央银行密切监测通货膨胀，并可能相应调整“官方贴现率”。如果通货膨胀上升超过目标水平，中央银行可能会提高“官方贴现率”，以抑制消费和借贷。这反过来可以帮助稳定物价并维持消费者信心。除了影响利率外，“官方贴现率”还在塑造投资者预期方面发挥着作用。金融市场密切关注中央银行关于“官方贴现率”的决策。该利率的变化可能导致股票价格、债券收益率和外汇汇率的波动。投资者通常将“官方贴现率”的降低解读为中央银行采取更宽松的货币政策的信号，这可能导致投资增加和资产价格上涨。另一方面，提高“官方贴现率”可能表明紧缩货币政策的信号，从而导致投资者情绪谨慎，资产价格可能下跌。此外，“官方贴现率”在不同国家之间可能有所不同，反映出不同的经济条件和货币政策框架。例如，在经济危机时期，一些中央银行可能实施零或接近零的“官方贴现率”，以鼓励贷款并支持复苏努力。相反，经历高通货膨胀的国家可能采取更高的“官方贴现率”以遏制物价上涨。总之，“官方贴现率”是中央银行的一项重要工具，不仅影响借款成本，还影响更广泛的经济条件。通过调整这一利率，中央银行可以引导经济朝着其目标发展，无论是促进增长还是控制通货膨胀。理解“官方贴现率”的影响对于经济学家、投资者和政策制定者来说都是至关重要的，因为它提供了对经济健康状况和货币政策有效性的洞察。最终，“官方贴现率”不仅仅是一个数字；它反映了一个国家的经济战略和优先事项。