And it gives shareholders a liquid asset to trade on the public market.

它还为股东提供了在场交易的流动资产。

The option they use most often is Open Market Operations.

他们最常用的选择是场操作。

The ceiling became redundant, as did open market operations. Only the floor mattered.

上限变得多余，场操作也是如此。只有下限才是重要的。

The bloodletting in public markets has left many wondering about private technology startups.

场上的大出血让许多人对私营科技初创司产生了怀疑。

Yahoo wants to go back on the public market.

雅虎希望重返场。

The third method is called Open Market Operations.

第三种方法叫做场操作。

These days, a cottage industry of Earth-observation firms and agencies sells images on the open market.

如今，由地球观测司和机构组成的家庭式手工业已始在场上出售图像。

In a statement, the Federal Open Market Committee said America's banking system was sound and resilient.

在一中，美国联邦场委员会表示，美国银行体系稳健且有韧性。

The pay off for years of a building a business is ready to trade on the open market.

多年来建立企业的回报就是准备在场上交易。

They can sacrifice the ease of trading in public markets for the better returns promised in private equity.

它们可以牺牲场交易的便利性，换取私人股本承诺的更高回报。

But as money has flooded into private-equity funds, average returns have converged on the returns in public markets.

但随着资金涌入私募股权基金，平均回报已趋同于场的回报。

In the U.S., deciding how many bonds to buy and sell is done by the Federal Open Market Committee.

在美国，联邦场委员会决定购买和出售多少债券。

Another cause is the public markets themselves.

另一个原因是场本身。

We'll make Ferrari into an independent company and then we'll sell 10% of the shares on the open market.

我们将让法拉利成为一个独立的司，然后向场抛售10%的股。

Let's go over our mechanics a little bit more on how open market transactions help to make those rates happen.

让我们再来复习一下场交易是通过何种机制达到调控利率的目的的。

Some of the factors behind the slowdown are those unsettling the public markets, supply-chain snags and inflation chief among them.

济放缓背后的部分原因是令场不安的因素，其中最主要的是供应链障碍和通货膨胀。

The Fed decided to keep rates steady at its FOMC meeting last week.

美联储在上周的联邦场委员会会议上决定维持利率不变。

Palantir is a rarity in the industry for braving the public markets.

帕兰提尔敢于进军场，在业内实属罕见。

Public markets are more transparent than private ones.

场比私人场更加透。

Public markets are a useful window on the future of private-equity returns.

场是了解私募股权回报未来的有用窗口。