The People’s Bank of China raised interest rates for the fifth time in eight months, increasing both the one-year lending and deposit rates by a quarter of a percentage point.

中国人行8个月内第五次提高了利率，将一年期的存贷款利率提高了零点二五个百分点。

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For example, the central bank of Thailand, which raised interest rates to more than 23% in 1997, lowered them this month by a percentage point, its biggest cut in eight years.

例如，泰国央行在97年的时候把利率提升至了23%，而在本月却将其下调了1个百分点，这是8年以来最大的一次减幅。

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The yield on America's ten-year Treasury bond rose quickly by eight basis points (a basis point is one-hundredth of a percentage point).

ECONOMIST: American interest rates: Just a minute | The