金融市場(chǎng)英文教學(xué)課件：Summary-chapter 1

1、Summary-Chapter 1Activities in financial markets have direct effects on individuals wealth, the behavior of businesses, and the efficiency of our economy. Three financial markets deserve particular attention: the bond market ( where interest rates are determined), the stock market ( which has a majo

2、r effect on peoples wealth and on firms investment decisions), and the foreign exchange market ( because fluctuation in the foreign exchange rate have major consequences for the U.S. economy)金融市場(chǎng)的活動(dòng)對(duì)個(gè)人財(cái)富、商業(yè)行為和經(jīng)濟(jì)效率產(chǎn)生直接影響。三種金融市場(chǎng)需要特別關(guān)注，即債券市場(chǎng)（決定利率的市場(chǎng)）、股票市場(chǎng)（對(duì)人們的財(cái)富和公司的投資決策產(chǎn)生主要影響）和外匯市場(chǎng)（因?yàn)橥鈪R匯率波動(dòng)對(duì)美國(guó)經(jīng)濟(jì)具有主要影響）

3、Because monetary policy affects interest rates, inflation, and business cycles, all of which have an important impact on fiancial markets and institutions, we need to understand how monetary policy is conducted by central bank in the United States and aboard.因?yàn)樨泿耪哂绊懤省⑼ㄘ浥蛎浐蜕虡I(yè)周期這些對(duì)金融市場(chǎng)和金融機(jī)構(gòu)具有重要影響的因素，我們必須了解美國(guó)及國(guó)外中央銀行執(zhí)行貨幣政策的機(jī)制。Banks and other financial institutions channel funds from people who might not put them to productive use to people who can do and thus play a crucial role in improving the efficiency of the economy銀行和其他金融機(jī)構(gòu)將