It could bring enormous benefits if I could convince Congress to pass the budget, and if it got the hoped-for response from the Federal Reserve and the bond market.
A joint bond issue could thus enhance the euro's standing as a reserve currency, as well as lowering borrowing costs for all countries that took part in it.
因此，联合债券发行能够提升欧元作为储备货币的地位，也能降低所有参与国家的借贷成本。
3
Expectations that the Federal Reserve will undertake a second round of bond purchases to lower long-term interest rates has pushed the dollar down against the euro and the yen.