Glossary entry

Spanish term or phrase:

era bastante reducida

English translation:

Quite low

Added to glossary by EirTranslations
Apr 20, 2014 13:15
10 yrs ago
Spanish term

era bastante reducida

Non-PRO Spanish to English Other Finance (general) banking, monetary policy
My suggestion here is "quite low" as follows, but not totally convinced, see my proposed translation after: Help much appreciated thanks


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."
Change log

Apr 20, 2014 14:43: Cinnamon Nolan changed "Level" from "PRO" to "Non-PRO"

Votes to reclassify question as PRO/non-PRO:

Non-PRO (3): DLyons, Samuel Sebastian Holden Bramah, Cinnamon Nolan

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Discussion

DLyons Apr 20, 2014:
Google is your friend.
william hill Apr 20, 2014:
"quite low" sounds as good as any to me

Proposed translations

+3
32 mins
Selected

Quite low

Since noboduly else has posted it...
Peer comment(s):

agree DLyons : Of course. But why would anyone need to ask it?
7 mins
ummm...
agree Thayenga : With DLyons. Happy Easter. :)
2 hrs
Did you get any nice eggs?
agree philgoddard
6 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thx"
53 mins

Fairly low/Rather low

Other options...
Something went wrong...
+2
2 hrs

significantly reduced

I think it`s important to keep the "reduced". It's not just lower. Something caused it to be lower.
Peer comment(s):

agree Meridy Lippoldt : I like the verb "reduced" here
5 hrs
agree Ray Ables
6 hrs
Something went wrong...
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