exchange cuts

For the guardians of price stability, the inflationary impact from a sudden collapse in the euro exchange rate in response to rate cuts would be a nightmare scenario.

在监管物价稳定水平的部门看来，降息引起的欧元汇率突然回落所产生的通胀效应将如同恶梦。

It attempts to unpick the deal sealed last year by the president, the House and the Senate to raise the limit Congress imposes on government debt in exchange for spending cuts.

它试图重提去年总统否决的提案，参众两院以提高国会补助政府债务的限额交换开支削减计划。

But the new approach that speaker Boehner unveiled today, which would temporarily extend the debt ceiling in exchange for spending cuts, would force us to once again face the threat of default just six months from now.

但众议院博纳议长今天公布的新方式，即以临时提高国债上限换取削减支出的方式，将迫使我们在短短6个月之后再次面临债务欠付的威胁。

China must now declare its willingness to negotiate a tough and binding intensity target at the Copenhagen summit in exchange for absolute cuts by rich countries.

中国现在应该宣布，它愿意在哥本哈根峰会上协商一个严格并具有约束力的碳排放强度目标，以换取富国承诺削减排放量的绝对值。