Europe’s Key Interest Rate Was Lowered to Minus 0.5%

欧洲关键利率降至-0.5％

—by the European Central Bank on Thursday. The central bank also plans to buy $22 billion of bonds every month. It’s all part of a new economic stimulus plan, which the ECB says, will run “for as long as necessary.”

 欧洲央行(European Central Bank)周四（9月12日）把关键利率下调至-0.5％。该央行还计划每月购买220亿美元的债券。欧洲央行称，这是新出台的经济刺激计划的一部分，只要有必要就会一直实施下去。

The new program is more aggressive than expected. It’s aimed at reviving the sluggish growth in the economies that share the euro currency. But it also means that the eurozone will have negative interest rates for some time to come. And it raises questions about what else the central bank could do if economic conditions deteriorate further.

这一新计划的规模比市场预计的更大。该计划的目的是重振欧元区成员国疲软的经济增长势头。但这也意味着欧元区的利率将在未来一段时间内为负。如果经济状况进一步恶化，市场可能会对欧洲央行还能拿出怎样的应对措施提出质疑。

The U.S. Government Pays $1.6 Billion in Interest on its Debt

美国政府每日需支付16亿美元的债务利息

—a day. Those borrowing costs have led the Treasury Department to consider issuing a 50-year Treasury bond next year, Treasury Secretary Steven Mnuchin told CNBC.

美国财政部长姆努钦(Steven Mnuchin)告诉CNBC，由于借贷成本过高，财政部正在考虑明年发行50年期美国国债。

In 2017, when the U.S. Treasury Department looked into ultra-long bonds, Wall Street was opposed to the idea.

2017年美国财政部考虑发行超长期国债的想法曾遭到华尔街的反对。

Will investors be more receptive this time around? The Treasury Secretary says “We think there is some demand for it.”

这次投资者会更容易接受这一设想吗？姆努钦称，“我们认为还是有一些这类需求的。”

Shares of Smile Direct Club Fell 28% on Thursday

Smile Direct Club股价周四（9月12日）暴跌28％

—their first day of trading. Smile Direct sells clear plastic teeth aligners directly to consumers.

该公司首日上市交易股价大跌。Smile Direct直接向消费者销售透明塑料牙齿矫正器。

It’s the first American company since at least 2008 to raise more than $1 billion and price its IPO above the range and still tumble on its stock market debut. That’s according to Bloomberg.

彭博(Bloomberg)的相关数据显示，该公司是2008年以来第一家筹资超过10亿美元、而且IPO价格高于定价区间、但在上市首日大跌的美国公司。

Another initial public offering is about to make its debut. Shares of the cyber security company Cloudflare will begin trading on the New York Stock Exchange later today.

另一家公司即将上市。网络安全公司Cloudflare的股票将于今日晚些时候在纽约证券交易所挂牌交易。

翻译 | Anqi

版权声明：

《巴伦》(barronschina) 原创文章，未经许可，不得转载。英文版见2019年9月13日报道“Podcast: Smile Direct Drops 28%, and Two More Numbers to Know”。

（本文内容仅供参考，投资建议不代表《巴伦》倾向；市场有风险，投资须谨慎。）