But this decision to leave rate on hold actually may be welcomed by those in emerging market economies.

然而事实上，推迟利息变动受到了新兴经济体的欢迎。

The accumulation of currency reserves helped many emerging market economies escape the worst of the global financial crisis that began in 2008.

积累外汇储备帮助许多新兴市场经济体摆脱了2008年全球金融危机带来的最严重影响。

" The main effect really comes from the slowdown in emerging market economies, but we are also revising down the euro area forecast."

“这主要归因于新兴市场经济体增长的放缓，但我们也下调了对欧元区的预测。”

So, you know, the United States has to keep raising interest rates, that can cause real problems for emerging market economies who've got to repay debt in dollars.

所以，美国不得不继续提高利率，这可能会给那些必须以美元偿还债务的新兴市场经济体造成麻烦。

You know, it's a big emerging market economy.

你知道，这是一个庞大的新兴市场经济体。

But for almost everyone else, not so much. Emerging market economies bore the brunt of it.

但对于几乎所有人来说，情况并非如此。新兴市场经济体首当其冲。

But it was also an emerging market economy, so it had a conflicted relationship with the monetary systems that were being developed around the world.

但它也是一个新兴市场经济体，因此它与世界各地正在发展的货币体系存在着冲突的关系。