the central bank of Japan

the fed had studied japan extensively, and believed that the bank of japan could have averted the lost decade if it had reacted very aggressively early on.

美联储曾经大规模地研究日本，并相信日本银行如果能在早期就反应迅猛，那么应该能够避免消失的十年。

though japan「s statistics are notoriously volatile, these figures make it much less likely that the bank of japan will raise interest rates in a hurry.

虽然众所周知日本的数据通常是起伏很大，但是这些数据使得日本中央银行近期加息的可能大大降低了。

the day before the fed’s decision, the bank of japan kept its monetary policy unchanged.

联储决议的前一天，日本银行宣布保持不变的货币政策。

similarly, the bank of japan is buying stocks and may make subordinated loans to banks to boost their capital and lending capacity; the money supply is not a consideration.

同样日本银行正在购买股票并处理银行的次级贷款来提升它们的资本和贷款资本；货币的供应不是一个考虑因素。

prices in japan may not yet be in a downward spiral, but deflation is entrenched: even the bank of japan (boj) acknowledges that prices may fall for at least another two years.

日本物价还没有陷入到持续不断的急剧下降中，不过通缩的开始已得到确认：甚至日本银行也宣布物价在未来两年内还会下降。

at the time, the bank of japan faced a situation broadly similar to that facing the fed now.

那时，日本银行面对的情况在很大程度上与今日美联储所面对的情况是一样的。

the bank of japan duly put the pedal to the metal and the recently deregulated banks went on a patriotic lending spree.

日本银行正式宣布将在最近放松对于银行的爱国贷款热潮的管制，并全力加速推动着一个贷款的实施。

the bank of japan has kept interest rates close to zero but remains otherwise oddly reluctant to take stronger action.

日本银行把一直维持着接近零的利率，然而很奇怪的是，它却犹豫要不要采取更强劲的措施。

banker:yes,the bank of japan has statutory authority to issue yen currency and coinage which is the sole legal tender in japan.

银行家：是的，在发行日元和硬币方面，日本银行拥有法定性的权威，它所发行的日元和硬币是日本唯一的法币。

the second rationale has some merit provided the bank of japan really does resist the urge to mop up any liquidity.

第二个基本原理倒是给日本银行提供了一些好处，真正的阻止了沖销任何流动资金的匆忙。

they looked at the repeated attempts by the bank of japan to pull its economy out of a deflationary mindset and concluded that other central banks might prove equally impotent.

他们研究了日本银行妄图挽救一步步滑向通货紧缩的经济态势所做的多次努力，得出结论说，其它中央银行看来也会同样徒劳。

the european central bank (ecb) and the bank of japan also cut rates to unusually low levels, pushingthe average interest rate in the big rich economies to a record low.

欧洲中央银行（ecb)及日本银行也把利息降到不常见的低水平，使得在那些富裕国家的平均利息达到了历史低点。

」with regard to problems such as the strong yen or deflation, we want to cooperate with the bank of japan more closely than ever before,「 mr. noda said.

他说，对于强势日圆或通货紧缩的问题，我们希望同央行进行比以往任何时候都更加紧密的协调。

the yen hovers at a 15-year high despite efforts by the bank of japan to weaken it by buying up dollars.

虽然日本银行通过回笼美元等措施而降低了日元币值，但是日元兑美元汇率还是上升到15年来的最高点。

and the bank of japan knows that if it intervenes and the intervention has no effect, it will remove the last worry that currency traders and speculators have about buying yen.

日本银行知道，如果它进行干预而且干预没有奏效，它就打消了货币掮客和投机人有关购买日元的最后的担忧。

the bank of japan has turned the monetary taps on, but its circumstances are somewhat special.

日本央行倒是在卯足了劲往外泵钱，不过它所面临的环境比较特殊。

there」s a reason currency traders aren「t living in fear that the bank of japan will sell yen: the nation」s policymaking apparatus is more uncoordinated than ever.

使得外汇炒家不用担心日本央行会卖出日元的一个原因就是：他们没有见过国家政策制定机构象现在这样不统一。

he also said he hoped that the bank of japan would take steps to support the government’s move.

他还表示，希望日本银行可以逐步采取措施，支持政府的行动。

the day before the fed’s decision, the bank of japan kept itsmonetary policy unchanged.

美联储发言的前一天，日本国家银行的货币政策没有任何变化。