Such assurances calmed the foreign-exchange market, as did a statement from a future member of the Fed’s monetary committee that the bank still had some way to go before easing off on interest rates.
他的声明安抚了外汇市场，使外汇市场稳定下来。 而根据美联储的准成员的声明，松弛利率还需要一段时间。
2
Hence, when the Federal Reserve raised interest rates in 1928 to fight stock market speculation, it inadvertently forced tightening of monetary policy in many other countries as well.