So we have a--it's essentially a forward contract.

这样我们就有——本质上来说是一份合约。

It is my long-range goal to build a school in my hometown.

我的目标是在我家乡盖一所学校。

Yet expectations for longer-term inflation, as measured by long-dated forward swaps, have not changed much.

然而，用互换来衡量的长通胀预并没有多大变化。

A forward contract is just an agreement to transact in the future at some given price.

合约是这样的一份协议它是在将来以某个给定的价格进行交割的合约。

And that's what we call the future interest rate or the forward interest rate market.

这就是我们所说的来利率或利率市场。

In the future, which is used to forward trading and futures trading.

汇率是指在某一时间用于交换外汇的汇率。在来，它被用于交易和交易。premium 升水 discount 贴水。

Thus 100 quarters of wheat for spot delivery will buy 98 quarters for forward delivery.

因此，100 夸特的即交割小麦可以购买 98 夸特的交割小麦。

Therefore a central bank's tweaks to a one-week rate is able to influence even distant maturities.

因此，央行对一周利率的调整甚至能够影响利率。

So three organisations, three hedge funds controlled 80 per cent of the UK forward interest rates.

因此，三个组织、三个对冲金控制着英国 80% 的利率。

In May Koch Industries, an American conglomerate, sold its first forward Brent cargo in nearly a decade.

今年五月，美国科氏工业集团出售了近十年来的第一批布伦特物。

So the UK and the ECB forward interest rate curves have moved because the US one has moved.

因此，英国和欧洲央行的利率曲线也随着美国利率曲线的变动而变动。

They have an easy way to remind voters how they matter, by getting on and passing many long-promised bills, for example on further economic reform.

他们只需通过大量的法案，如更深刻的经济改革，就可以很容易的提醒选民们他们对此十分在意。

A derivative is a financial contract whose value depends on one or more underlying assets or indices, including forwards, futures, options, and swaps.

衍生工具是一种金融合同，其价值取决于一种或多种资产或指数包括、、权和掉。

Cold and heat exposure are things you can do quickly to affect your mood, but something that takes a bit longer with a potentially bigger payoff is to reduce inflammation.

挨冻和高温是能让你快速调节情绪的方法，还有个方法可能花的时间久一点，但回报更大，那就是抗敏抗炎。

Based on forward curves, Morgan Stanley, a bank, reckons that electricity spending in the EU could rise by more than 800bn euros, an increase worth an astonishing six percentage points of GDP.

摩根士丹利银行根据曲线估计，欧盟的电力支出可能会增加8000多亿欧元，相当于GDP的6个百分点，令人震惊。

In any case, however, an individual decision to save does not, in actual fact, involve the placing of any specific forward order for consumption, but merely the cancellation of a present order.

然而，在任何情况下，个人的储蓄决定实际上并不涉及下达任何特定的消费订单，而只是取消当前订单。

In recent weeks, forward prices for daytime electricity for the fourth quarter of the year briefly spiked above 1,200 euros ($1,200) per megawatt hour in Germany and above a surreal 2,500 euros in France.

最近几周，德国第四季度的日间电价曾短暂飙升至每兆瓦时1200欧元(约合1200美元)以上，法国则突破了2500欧元的离奇水平。

I think the key is risk management, for example, by signing forward exchange contracts to lock in exchange rates, choosing reliable partners, and purchasing appropriate insurance to transfer part of the risk.

我认为关键在于风险管理，例如通过签订外汇合同来锁定汇率，选择可靠的合作伙伴， 并购买适当的保险来转移部分风险。

It is difficult to trace this influence quantitatively owing to the absence of a forward price for land in terms of itself which is strictly comparable with the rate of interest on a money debt.

由于缺乏与币债务利率严格可比的土地本身的价格，因此很难从数量上追踪这种影响。

And just looking at what the expectation for the end of 2024, so December 2024, the start of this year, the forward US interest rate market suggested there would be six or seven interest rate cuts.

仅看看对 2024 年底的预，那么 2024 年 12 月，也就是今年年初，美国利率市场预测将有六到七次降息。