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英语新闻:央行年内第二次降息

2015-05-11    来源:网络    【      美国外教 在线口语培训

China cuts interest rates to 5.1% as economy slows
央行年内第二次降息

中国人民银行10日宣布,自2015年5月11日起下调金融机构人民币贷款和存款基准利率。金融机构一年期贷款基准利率下调0.25个百分点至5.1%;一年期存款基准利率下调0.25个百分点至2.25%。

China's central bank has cut interest rates for the second time this year, amid a continuing economic slowdown.

It lowered its benchmark rate by 25 basis points to 5.1%, saying the move was aimed at boosting development.

Last year's growth rate - 7.4% down from 7.7% in 2013 - was the weakest in 24 years.

The cut is the third in six months and will take effect from Monday. It follows other measures designed to spur growth in China, including tax cuts.

China's slowdown is expected to continue for some years. Last week, the International Monetary Fund (IMF) predicted China's growth would stabilise at about 6% by 2017.

Also last week, weaker than expected official figures on both trade and inflation were released. The rate cut suggests data to be published this week, on industrial output and investment, may also disappoint.

The country's economic problems also include the property market, which is cooling after a damaging period that saw a speculative bubble emerge.(source:BBC)

basis point:基准点;一个基点等于一个百分点(%)的百分之一,即万分之一。

boost:推动

spur:刺激

stabilise:稳定

property market:房地产

speculative:预估的

emerge:显现



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