On top of this, the Federal Reserve has cut its overnight interest rate to about zero and is lending directly in markets where private investors have retreated, including housing.

另外，美联储将隔夜利率下调到接近0的水平，还将直接借贷给那些私人投资者规避的行业上，包括房地产。

The fact is, our economy did not fall into decline overnight, nor did all of our problems begin when the housing market collapsed or the stock market sank.

事实是，我国经济陷入衰退并非一朝一夕之力。我们面临的所有问题也并非一概始于房市崩溃或股市滑坡。