单句理解听力原文：The interest rates on these small deposits are usually floating rates, and they are usually 2%- 5% below the bank's current base rates.(1)A．Bank's current base rates are higher than those on small deposits.B．Bank's current base rates are lower th

An increase in a nation's rate of savings ultimately( ) to lower interest rates for business and consumer loans.

A. lead

B. leads

C. leader

D. leading

资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured & offer decent returns. There is no brokerage, no fees or hidden costs. However, the Bank may impose a fee for administrative expenses involved in any legal action in connection with the CD. Look at our ‘Star CD’ plan below.
High Interest: Higher on Large amount
Our rates on certificate of deposits are among the best in the industry. The rate may vary on day-to day basis. For CD’s of above $250,000.00, the interest is simple i.e not compounded; therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.
Maturity Period: Flexible to your needs
You may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.
Minimum Amount: Easy to Start
The minimum amount accepted is USD 2000
Other Features:
1.FDIC Insurance Up to $100,000
2.Facility to Open Joint & Corporate Accounts
Additional Deposits:
Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.
Early Withdrawal:
Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.

The CD’s annual percentage yield is （ ） annual interest rate.

A.more than
B.less than
C.the same as
D.not comparable with

资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured & offer decent returns. There is no brokerage, no fees or hidden costs. However, the Bank may impose a fee for administrative expenses involved in any legal action in connection with the CD. Look at our ‘Star CD’ plan below.
High Interest: Higher on Large amount
Our rates on certificate of deposits are among the best in the industry. The rate may vary on day-to day basis. For CD’s of above $250,000.00, the interest is simple i.e not compounded; therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.
Maturity Period: Flexible to your needs
You may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.
Minimum Amount: Easy to Start
The minimum amount accepted is USD 2000
Other Features:
1.FDIC Insurance Up to $100,000
2.Facility to Open Joint & Corporate Accounts
Additional Deposits:
Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.
Early Withdrawal:
Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.

Which of the following statements is true? （ ）

A.CD is automatically renewed for the same period unless having other instruction.
B.CD isn’t automatically renewed for the same period at the ruling rate of interest on the date of renewal.
C.CD is automatically renewed for the same period without any other instruction.
D.CD is automatically renewed for the same period with permission of the bank manager.

资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured & offer decent returns. There is no brokerage, no fees or hidden costs. However, the Bank may impose a fee for administrative expenses involved in any legal action in connection with the CD. Look at our ‘Star CD’ plan below.
High Interest: Higher on Large amount
Our rates on certificate of deposits are among the best in the industry. The rate may vary on day-to day basis. For CD’s of above $250,000.00, the interest is simple i.e not compounded; therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.
Maturity Period: Flexible to your needs
You may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.
Minimum Amount: Easy to Start
The minimum amount accepted is USD 2000
Other Features:
1.FDIC Insurance Up to $100,000
2.Facility to Open Joint & Corporate Accounts
Additional Deposits:
Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.
Early Withdrawal:
Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.

Bank of India CDs are safe because （ ）

A.CD is a safe instrument.
B.Bank of India is safe.
C.CD is insured
D.All of the above

资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured & offer decent returns. There is no brokerage, no fees or hidden costs. However, the Bank may impose a fee for administrative expenses involved in any legal action in connection with the CD. Look at our ‘Star CD’ plan below.
High Interest: Higher on Large amount
Our rates on certificate of deposits are among the best in the industry. The rate may vary on day-to day basis. For CD’s of above $250,000.00, the interest is simple i.e not compounded; therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.
Maturity Period: Flexible to your needs
You may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.
Minimum Amount: Easy to Start
The minimum amount accepted is USD 2000
Other Features:
1.FDIC Insurance Up to $100,000
2.Facility to Open Joint & Corporate Accounts
Additional Deposits:
Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.
Early Withdrawal:
Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.

According to the passage, which of the following is NOT true about Star CD? （ ）

A.The minimum amount to invest is USD 2000.
B.You may choose any maturity date as you wish.
C.The rates on certificate of deposits may vary day to day.
D.Separate certificates of deposits will be issued for additional deposits.

资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured & offer decent returns. There is no brokerage, no fees or hidden costs. However, the Bank may impose a fee for administrative expenses involved in any legal action in connection with the CD. Look at our ‘Star CD’ plan below.
High Interest: Higher on Large amount
Our rates on certificate of deposits are among the best in the industry. The rate may vary on day-to day basis. For CD’s of above $250,000.00, the interest is simple i.e not compounded; therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.
Maturity Period: Flexible to your needs
You may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.
Minimum Amount: Easy to Start
The minimum amount accepted is USD 2000
Other Features:
1.FDIC Insurance Up to $100,000
2.Facility to Open Joint & Corporate Accounts
Additional Deposits:
Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.
Early Withdrawal:
Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.

For deposit running for more than 30 days, early withdrawal may be （ ）, （ ） penalty or charge.

A.allowed, without
B.banned, with
C.allowed, with
D.banned, without

资料：Children back at school, nights slowly starting to draw in and the weather more changeable. The seasons are turning and after an eerily calm summer for financial markets, there's a whiff of uncertainty in the air. Bond yields are up from their lows, and the relentless migration of global capital towards any asset, anywhere, with some yield, is slowing.
The concern is the growing awareness of central banks' waning ability to boost growth with ever-lower interest rates and ever-bigger purchases of assets. The debate about if, when and how slowly the US Federal Reserve will raise interest drags on, but if downward pressure on global bond yields from the European Central Bank （ECB） and the Bank of Japan's （BOJ） largesse is drawing to a close, that's a bigger milestone for markets.
A world of higher bond yields is one where the pressure to seek yield in exotic places is diminished. It's also a world where the capital gains that accompanied falling yields become capital losses and investors question the merit of bonds over cash （or equities）.
This search for yield in exotic places has, since the end of January, helped the Brazilian real gain more than 20% against the US dollar, with the Russian rouble managing almost as much. The dollar, itself, has fallen back is by 7.5% fall in trade-weighted terms, unwinding nearly 40% of the gains it has seen since mind-2014.
There's no need to panic about bond yields rising, because rate rises in Japan or the Eurozone are years away and the Fed's still tinkering. But 10-year yields on both German and Japanese government bond yields fell below zero for the first time in late June. They have been edging higher through the summer. It's almost as if investors really aren't that keen on tying money up at negative yields for that long – why not stick to cash?
In the US, estimates of "neutral" real interest rates are tumbling to around zero. Estimates of how much slack there is left in the labour market are being revised up and after five years when productivity growth has averaged a measly 0.5%, there's widespread acceptance that it's unlikely to accelerate by magic.
But even if we take all of this into account, markets are now pricing in an extraordinarily slow pace of rate hikes by the Fed – from their current 0.25-0.5% range, to about 0.75% by the end of 2017 and to 1% by the end of 2018.
GDP growth still oscillates around 2%, the Fed's favoured measure of inflation is at 1.6% and the unemployment rate is trending lower. The pricing of the future path of short term rates seems too low even for the "new normal" economic environment.
All of these currencies have gained against the pound and I can't see that changing. Too much importance should not be placed on either the collapse in confidence immediately after the vote to leave the EU or the subsequent bounce.
The economic impact of leaving the EU will be felt through delayed investment decisions as a result of uncertainty about when and on what terms it happens. A debilitating rather than a corrosive impact on the economy will be seen in slower, but positive growth. It will also be felt in further （slower） sterling weakness.
The Bank of England has already cut policy rates from 0.5% to 0.25%, and there's more to come from both the Bank and the pound over the next year. A 5% fall from here would take the pound close to €1.1, and we could see it fall below $1.25 as the Federal Reserve edges rates higher.

According to the the passage which of the followings is true?

A.The Federal reserve may raises interest rates in December （after the US election）to push towards the GDP growth around 2%
B.The Fed thinks that the current inflation rate in the Unites States remain below 1.6% to help increase the employment rate
C.After the vote to leave the EU all of these currencies mentioned have gained against the pound and such trend will continue on
D.There’s widespread acceptance in the United States that real interest rates are falling to around zero with the rising sluggish labour market and about 0.5% of productivity growth but various economic indicators will not appear miraculous accelerated phenomenon

资料：Children back at school, nights slowly starting to draw in and the weather more changeable. The seasons are turning and after an eerily calm summer for financial markets, there's a whiff of uncertainty in the air. Bond yields are up from their lows, and the relentless migration of global capital towards any asset, anywhere, with some yield, is slowing.
The concern is the growing awareness of central banks' waning ability to boost growth with ever-lower interest rates and ever-bigger purchases of assets. The debate about if, when and how slowly the US Federal Reserve will raise interest drags on, but if downward pressure on global bond yields from the European Central Bank （ECB） and the Bank of Japan's （BOJ） largesse is drawing to a close, that's a bigger milestone for markets.
A world of higher bond yields is one where the pressure to seek yield in exotic places is diminished. It's also a world where the capital gains that accompanied falling yields become capital losses and investors question the merit of bonds over cash （or equities）.
This search for yield in exotic places has, since the end of January, helped the Brazilian real gain more than 20% against the US dollar, with the Russian rouble managing almost as much. The dollar, itself, has fallen back is by 7.5% fall in trade-weighted terms, unwinding nearly 40% of the gains it has seen since mind-2014.
There's no need to panic about bond yields rising, because rate rises in Japan or the Eurozone are years away and the Fed's still tinkering. But 10-year yields on both German and Japanese government bond yields fell below zero for the first time in late June. They have been edging higher through the summer. It's almost as if investors really aren't that keen on tying money up at negative yields for that long – why not stick to cash?
In the US, estimates of "neutral" real interest rates are tumbling to around zero. Estimates of how much slack there is left in the labour market are being revised up and after five years when productivity growth has averaged a measly 0.5%, there's widespread acceptance that it's unlikely to accelerate by magic.
But even if we take all of this into account, markets are now pricing in an extraordinarily slow pace of rate hikes by the Fed – from their current 0.25-0.5% range, to about 0.75% by the end of 2017 and to 1% by the end of 2018.
GDP growth still oscillates around 2%, the Fed's favoured measure of inflation is at 1.6% and the unemployment rate is trending lower. The pricing of the future path of short term rates seems too low even for the "new normal" economic environment.
All of these currencies have gained against the pound and I can't see that changing. Too much importance should not be placed on either the collapse in confidence immediately after the vote to leave the EU or the subsequent bounce.
The economic impact of leaving the EU will be felt through delayed investment decisions as a result of uncertainty about when and on what terms it happens. A debilitating rather than a corrosive impact on the economy will be seen in slower, but positive growth. It will also be felt in further （slower） sterling weakness.
The Bank of England has already cut policy rates from 0.5% to 0.25%, and there's more to come from both the Bank and the pound over the next year. A 5% fall from here would take the pound close to €1.1, and we could see it fall below $1.25 as the Federal Reserve edges rates higher.

According to the the passage and the regularity of rate hikes fixed by the fed in the past years，which of the following average percentage of rates will rise each of the coming years?

A.0.75%
B.0.5%
C.0.25%
D.1%