金融翻譯具有獨有的特征，專業(yè)術(shù)語量大、專有名詞多，要求譯者不僅要有扎實的英文功底，還要有良好的專業(yè)素養(yǎng)。這是準(zhǔn)確選擇語義，保證譯文質(zhì)量的前提。只有熟練掌握專業(yè)知識，虛心學(xué)習(xí)，才能準(zhǔn)確選擇語義，譯出地道、專業(yè)的譯文。
經(jīng)濟(jì)軟著陸
Steering the Economy to a Soft Landing
很多用來描述貨幣政策的詞，例如“經(jīng)濟(jì)軟著陸”“讓經(jīng)濟(jì)剎車”,使它聽起來像 是一門精確的科學(xué)。事實遠(yuǎn)非如此。利率和通貨膨脹之間的聯(lián)系是不確定的。在政 策調(diào)整對經(jīng)濟(jì)產(chǎn)生影響前，會有那么一段為時不短但變幻不定的后滯期。
Much of the language used to describe the monetary policy，such as “ steering the economy to a soft landing” or “a touch on the brakes”，makes it sound like a precise science. Nothing could be further from the truth. The link between interest rates and inflation is uncertain. And there are long, variable lags before policy changes have any effect on the economy.
西方七大工業(yè)國去年的平均通貨膨脹率降到了 2.3%，接近30年來最低的水平， 今年7月才略微升高到2.5%。這比很多國家在70年代和80年代早期經(jīng)歷的兩位數(shù) 的膨脹率要低多了。這也比大多數(shù)預(yù)言家預(yù)測的都要低。1994年底，在《經(jīng)濟(jì)學(xué)家》 每月舉行民意測驗的專家組預(yù)測，美國在1995年平均通貨膨脹率將是3.5%,可實際上，8月份就降到了 2.6%，而且整個一年的平均通貨膨脹率有望維持在3%左右。
Average inflation in the seven big industrial economies fell to a mere 2. 3% last year, close to its lowest level in 30 years, before rising slightly to 2.5% this July. This is a long way below the double digit rates which many countries experienced in the 1970s and early 1980s. It is also less than most forecasters had predicted. In late 1994, the panel of economists which the Economist polls each month said that America's inflation rate would average 3.5% in 1995. In fact, it fell to 2. 6% in August, and is expected to average only about 3% for the year as a whole.
英國和日本的通貨膨脹率比去年底的預(yù)測要低半個百分點。這不是曇花一現(xiàn)。 在過去幾年里，英國和美國通貨膨脹率連續(xù)低于預(yù)測水平。經(jīng)濟(jì)學(xué)家對英美兩國可喜的通脹率尤其感到詫異，因為傳統(tǒng)的衡量表明兩國經(jīng)濟(jì)，特別是美國經(jīng)濟(jì)并沒有出現(xiàn)絲毫的后退。
In Britain and Japan, inflation is running half a percentage point below the rate predicted at the end of last year. This is no flash in the pan ； over the past couple of years； inflation has been consistently lower than expected in Britain and America. Economists have been particularly surprised by favorable inflation figures in Britain and the United States, since conventional measures suggest that both economies, and especially America’s have little productive slack.
為何通貨膨脹率如此的輕微？遺憾的是，最令人鼓舞的解釋也有漏洞。某些經(jīng)濟(jì)學(xué)家聲稱，世界經(jīng)濟(jì)結(jié)構(gòu)的強(qiáng)力調(diào)整已打破了舊有的經(jīng)濟(jì)模式，即以經(jīng)濟(jì)增長和通貨膨脹之間的歷史聯(lián)系為基礎(chǔ)的模式。
Why has inflation proved so mild? The most thrilling explanation is，unfortunately, a little defective. Some economists argue that powerful structural changes in the world have upended the old economic models that were based upon the historical link between growth and inflation.
發(fā)布：南京翻譯公司
