中: 在理解的基础上,灵活翻译原文,尽量去除背景知识、文化差异造成的理解障碍。译文要求保留原意,风格相近,行文流畅。 1. Each of the 12 Fed Banks provides services to financial institutions that are similar to the services that banks and thrifts provide to businesses and individuals. 2 . By serving as a “banker’s bank”, the Fed helps ensure the safety and efficiency of the payment system, the critical pipeline through which all financial transactions in the economy flow. 3. Altering the percentage of deposits that institutions must set aside as reserves can have a powerful impact on the flow of money and credit. 4 . Lowering reserve requirements can lead to more money, which will be injected into the economy by freeing up funds previously set aside. 5. Raising the requirements freezes funds that financial institutions could otherwise pump into the economy.