Glossary entry (derived from question below)
Spanish term or phrase:
era bastante reducida
English translation:
Quite low
Spanish term
era bastante reducida
Durante la Gran Moderación, con objetivos de inflación de los bancos centrales de las economías avanzadas situados en torno al 2% –algo más elevados en promedio en el caso de los fijados en las economías emergentes– se consideraba que la probabilidad de que los tipos de interés nominales se aproximasen a cero –y, por tanto, que se agotase el margen de maniobra de la política monetaria convencional para luchar contra las presiones deflacionistas o para estimular la actividad– era bastante reducida.
"....It was considered that the likelihood for nominal interest rates to be near-zero and thus using up the headroom of conventional monetary policy to counter underlying deflationary pressures or to stimulate activity -was quite low."
5 +3 | Quite low |
Samuel Sebastian Holden Bramah
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3 +2 | significantly reduced |
nweatherdon
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4 | Fairly low/Rather low |
Shayney Thomas
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Apr 20, 2014 14:43: Cinnamon Nolan changed "Level" from "PRO" to "Non-PRO"
Non-PRO (3): DLyons, Samuel Sebastian Holden Bramah, Cinnamon Nolan
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Proposed translations
Quite low
agree |
DLyons
: Of course. But why would anyone need to ask it?
7 mins
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ummm...
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agree |
Thayenga
: With DLyons. Happy Easter. :)
2 hrs
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Did you get any nice eggs?
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agree |
philgoddard
6 hrs
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Discussion