Federal Reserve pumps $6 bln into financial market
英语阅读是考研英语的重头戏，怎么复习?怎么训练?建议同学们采取英语朗读的方法每天练习10-20分钟，快速提升英语的阅读能力和听力水平！WASHINGTON, Aug. 17 (Xinhua) -- The Federal Reserve said on Friday it has pumped 6 billion U.S. dollars into the financial system to help beat back a widening credit crisis.
The U.S. central bank, which has injected 94 billion dollars into the market since last week, promised it stood ready to release more money if necessary.
The Federal Reserve also approved a half-percentage point cut in its discount rate on loans to banks on Friday to "promote the restoration of orderly conditions in financial markets."
The decision means the discount rate, the interest rate that the central bank charges to make direct loans to banks, will be lowered to 5.75 percent from 6.25 percent.
This is the Fed's new effort to restore calm to financial markets which have been roiled recently by a widening credit crisis triggered by the U.S. subprime market.
Over the past week, central banks in Europe, Asia and North America have pumped out more than 300 billion in an effort to ward off the widening credit crisis.
听力和书面表达通常是我们学生的弱项，希望大家在英语朗读的方法下，并结合实际情况安排练习，不要一味模仿别人，要在练习过程中及时总结经验，包括时间安排等，让自己的考研英语水平得到一个很大的提升！
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