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America’s Federal Reserve cut interest rates by another quarter-point, to 3.75 %. Wall Street, which had been【21】for a sixth hal
America’s Federal Reserve cut interest rates by another quarter-point, to 3.75 %. Wall Street, which had been【21】for a sixth hal
admin
2011-06-29
39
问题
America’s Federal Reserve cut interest rates by another quarter-point, to 3.75 %. Wall Street, which had been【21】for a sixth half-point cut, was disappointed. The Dow fell by 2%【22】the week. The past week’s economic statistics gave mixed signals. Exports dropped by 2% in both March and April, largely【23】a decline in high-tech investment【24】;the merchandise-trade【25】widened to $ 458 billion in the 12 months【26】April.【27】,the Conference Board’s index of consumer confidence was higher than【28】in June.
Concerns【29】inflation in the Euro area【30】. Preliminary data【31】that German consumer price inflation fell to 3. 1% in the year to June, from 3.5 % in May; wage growth【32】to 1.4% in April, a real pay cut of 1.5%. Some economists fear that Germany is on the【33】of recession. The IFO index of business confidence dropped more【34】than expected in May, and the institute has cut its forecast of GDP【35】this year to only 1.2% ,well below the German government’s forecast of 2%.
选项
A、Although
B、Therefore
C、However
D、Hence
答案
C
解析
本题考核的知识点是连词。分析上下文逻辑关系,是相反的概念,所以是转折连词。A表示“虽然”,引导的应是转折的前半部分;C表示“但是”,引导的是转折的后半部分。故选C。然而,六月份经济咨商局消费者信心指数却比预期要高。
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