rediscount rate

简明释义

再贴现率

英英释义

例句

1.The government announced a new policy to adjust the rediscount rate in response to economic conditions.

政府宣布了一项新政策，以应对经济形势调整再贴现率。

2.The central bank decided to lower the rediscount rate to encourage more lending from commercial banks.

中央银行决定降低再贴现率以鼓励商业银行更多放贷。

3.When the rediscount rate is high, banks may be less willing to borrow from the central bank.

当再贴现率较高时，银行可能不太愿意向中央银行借款。

4.A decrease in the rediscount rate often leads to increased liquidity in the financial system.

减少再贴现率通常会导致金融系统流动性增加。

5.Investors closely monitor changes in the rediscount rate as it can impact interest rates on loans.

投资者密切关注再贴现率的变化，因为这可能会影响贷款利率。

作文

The concept of the rediscount rate is crucial in understanding the monetary policy framework of a country. In simple terms, the rediscount rate refers to the interest rate at which a central bank lends money to commercial banks, allowing them to meet their short-term liquidity needs. This mechanism plays a significant role in regulating the money supply and ensuring the stability of the financial system.When commercial banks face a shortage of funds, they can turn to the central bank to borrow money by rediscounting their eligible financial instruments, such as promissory notes or bills of exchange. The rediscount rate acts as a benchmark for other interest rates in the economy, influencing lending rates for consumers and businesses alike. For instance, when the central bank raises the rediscount rate, it becomes more expensive for commercial banks to borrow money, leading them to increase their own interest rates for loans. Conversely, a lower rediscount rate encourages banks to borrow more, which can stimulate economic activity by making loans cheaper for consumers and businesses.Understanding the rediscount rate also sheds light on the central bank's role in managing inflation and economic growth. By adjusting the rediscount rate, the central bank can either tighten or loosen monetary policy. A higher rediscount rate typically signals a contractionary monetary policy aimed at curbing inflation, while a lower rate indicates an expansionary policy designed to boost economic growth.In addition to its role in monetary policy, the rediscount rate serves as an indicator of the overall health of the banking sector. A rising rediscount rate may indicate that the central bank perceives increased risk in the financial system, prompting it to charge higher rates for borrowing. This can lead to tighter credit conditions, which may slow down economic growth. On the other hand, a stable or declining rediscount rate often reflects confidence in the banking system and a favorable economic outlook.Moreover, the rediscount rate can vary from one country to another, influenced by different economic conditions and central bank policies. For example, during periods of economic uncertainty or crisis, central banks may lower the rediscount rate significantly to encourage lending and support economic recovery. This was evident during the global financial crisis of 2008, when many central banks around the world slashed their rediscount rates to unprecedented lows.In conclusion, the rediscount rate is a vital tool used by central banks to influence monetary policy, regulate the banking sector, and promote economic stability. It affects not only the operations of commercial banks but also the broader economy by impacting interest rates and lending practices. Understanding the nuances of the rediscount rate can help individuals and businesses navigate the complexities of the financial landscape and make informed decisions regarding borrowing and investment. As we continue to observe the evolving economic conditions globally, keeping an eye on the rediscount rate will remain essential for understanding the direction of monetary policy and its implications for economic growth.

“再贴现率”这一概念在理解一个国家的货币政策框架中至关重要。简单来说，再贴现率是指中央银行向商业银行借款时的利率，这使得商业银行能够满足其短期流动性需求。这个机制在调节货币供应和确保金融系统稳定方面发挥着重要作用。当商业银行面临资金短缺时，可以转向中央银行，通过再贴现其合格的金融工具，如本票或汇票，来借款。再贴现率作为经济中其他利率的基准，影响着消费者和企业的贷款利率。例如，当中央银行提高再贴现率时，商业银行借款的成本增加，导致它们提高对贷款的利率。相反，较低的再贴现率鼓励银行借入更多资金，这可以通过降低消费者和企业的贷款成本来刺激经济活动。理解再贴现率也有助于了解中央银行在管理通货膨胀和经济增长中的作用。通过调整再贴现率，中央银行可以收紧或放宽货币政策。较高的再贴现率通常表明收缩性货币政策，旨在抑制通货膨胀，而较低的利率则表示扩张性政策，旨在促进经济增长。此外，再贴现率还作为银行业整体健康状况的指标。上升的再贴现率可能表明中央银行认为金融系统风险增加，从而促使其提高借款利率。这可能导致信贷条件收紧，从而减缓经济增长。另一方面，稳定或下降的再贴现率通常反映出对银行系统的信心和良好的经济前景。此外，再贴现率在不同国家之间可能会有所不同，受不同经济条件和中央银行政策的影响。例如，在经济不确定或危机时期，中央银行可能会显著降低再贴现率以鼓励借贷并支持经济复苏。这在2008年的全球金融危机期间表现得尤为明显，那时世界各地的许多中央银行将其再贴现率削减到前所未有的低点。总之，再贴现率是中央银行用于影响货币政策、调节银行业和促进经济稳定的重要工具。它不仅影响商业银行的运营，还通过影响利率和贷款实践影响更广泛的经济。理解再贴现率的细微差别可以帮助个人和企业在复杂的金融环境中做出明智的借贷和投资决策。随着我们继续观察全球经济条件的变化，关注再贴现率将仍然是理解货币政策方向及其对经济增长影响的关键。