单词:half-rate
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This is the VOA Special English Economics Report. A listener from Indonesia named Efendy asks why the Federal Reserve is so important and how it works. This week offered a good example. The Federal Reserve System is the United States central bank. I
Stocks bounced out and in of negative territory throughout the day as investors reacted to bleak sales figures from Wal-Mart and the latest consumer spending figures. Let's take a look at the numbers.
WASHINGTON, Feb. 19 (Xinhua) -- President Barack Obama's economist team said on Thursday that the U.S. economy is recovering from the Great Recession at an increasing pace, but the stagnant wage growth posed threats to the lives of the middle- class.
WASHINGTON, June 23 (Xinhua) -- New home sales in the United States plunged(投入) 33 percent in April to a seasonally adjusted annual rate of 300,000 units, the Commerce Department(美国商务部) reported Wednesday. The new home sales, the lo
Officials at the U.S. Federal Reserve have scaled back forecasts about how much they are likely to raise borrowing costs this year. They say the weaker global growth picture is changing their calculations. For now the U.S. Federal Reserve is not rais