But the key driver for us is trade uncertainty. And cuts in the Fed funds rate is not going to be able to fully offset that.
但对我来说，关键驱动力是贸易不确定性。美联储基金利率下调并不能完全抵消该问题。
Fed Funds Rate
原声例句
NPR音讯 2019年9月合集
纽约时报 (New York Times)
Fed officials expect to eventually resume raising rates, based on their June economic projections, which show a rebound in 2021 and a slightly higher Fed funds rate over the longer run.
美联储官员预料他们终将恢复加息，因6月份的经济预测显示，2021年美国经济将出现反弹，从长期来看，美国联邦基金利率也将出现小幅上升。
中文百科
联邦基金利率 Federal funds rate
（重定向自Fed Funds Rate）
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在美国，联邦资金利率（Federal Funds Rate）为一家存托机构（多数是银行）利用手上的资金向另一家存托机构借出隔夜贷款的利率。
联邦资金利率即是美国各家银行间的银行同业拆息，代表的是短期市场利率水准。
英语百科
Federal funds rate 联邦基金利率
（重定向自Fed Funds Rate）
In the United States, the federal funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis. Reserve balances are amounts held at the Federal Reserve to maintain depository institutions' reserve requirements. Institutions with surplus balances in their accounts lend those balances to institutions in need of larger balances. The federal funds rate is an important benchmark in financial markets.
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