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commerce
shāng yè
商业
·HSK 6

European Central Bank (ECB)
Ōuzhōu Zhōngyāng Yínháng
欧洲中央银行
to maintain / to keep unchanged
wéichí
维持
interest rate
lìlǜ
利率
unchanged
bùbiàn
不变
,
Middle East war
Zhōngdōng zhànzhēng
中东战争
to cause / making
shǐ
使
inflation
tōngzhàng
通胀
outlook / prospect
qiánjǐng
前景
to tend toward
qūyú
趋于
complicated
fùzá
复杂
。

European Central Bank (ECB)
Ōuzhōu Zhōngyāng Yínháng
欧洲中央银行
on / at (time marker)
yú
于
March 19, 2026
2026 nián 3 yuè 19 rì
2026年3月19日
to announce
xuānbù
宣布
to maintain
wéichí
维持
three
sān xiàng
三项
key / critical
guānjiàn
关键
interest rate
lìlǜ
利率
unchanged
bùbiàn
不变
,
at the same time
tóngshí
同时
will (future marker)
jiāng
将
the year 2026
2026 nián
2026年
inflation
tōngzhàng
通胀
forecast
yùcè
预测
to revise upward
shàngtiáo
上调
to / reaching
zhì
至
2.6 percent
2.6%
2.6%
。

March 19, 2026 at 4:00 PM

European Central Bank (ECB)
Ōuzhōu Zhōngyāng Yínháng
欧洲中央银行
on / at (time marker)
yú
于
March 19, 2026
2026 nián 3 yuè 19 rì
2026年3月19日
to announce
xuānbù
宣布
,
to maintain / to keep unchanged
wéichí
维持
three
sān xiàng
三项
key / critical
guānjiàn
关键
interest rate
lìlǜ
利率
unchanged
bùbiàn
不变
,
deposit facility rate
cúnkuǎn biànlì lìlǜ
存款便利利率
to maintain
wéichí
维持
at
zài
在
2.00 percent
2.00%
2.00%
。
Middle East war
Zhōngdōng zhànzhēng
中东战争
to lead to / to cause
dǎozhì
导致
energy
néngyuán
能源
price
jiàgé
价格
sharply / dramatically
jíjù
急剧
to climb / to surge
pānshēng
攀升
,
to cause / making
lìng
令
the Eurozone
Ōuyuánqū
欧元区
inflation
tōngzhàng
通胀
outlook / prospect
qiánjǐng
前景
suddenly / abruptly
zhòurán
骤然
to worsen / to deteriorate
èhuà
恶化
,
monetary policy
huòbì zhèngcè
货币政策
orientation / direction
qǔxiàng
取向
increasingly / even more
yùjiā
愈加
complicated
fùzá
复杂
。
the ECB (short form)
Ōuzhōu Yānháng
欧洲央行
will (future marker)
jiāng
将
the year 2026
2026 nián
2026年
inflation
tōngzhàng
通胀
forecast
yùcè
预测
to revise upward
shàngtiáo
上调
to / reaching
zhì
至
2.6 percent
2.6%
2.6%
,
compared to
jiào
较
December last year
qùnián 12 yuè
去年12月
forecast
yùcè
预测
higher than / exceeding by
gāo chū
高出
approximately
yuē
约
0.5 percentage points
0.5 gè bǎifēndiǎn
0.5个百分点
。
governor (of a central bank)
háng zhǎng
行长
Christine Lagarde
Kèlǐsīdìnà Lājiādé
克里斯蒂娜·拉加德
at
zài
在
press conference
xīnwén fābù huì
新闻发布会
at (the event)
shàng
上
to state / to indicate
biǎoshì
表示
,
war
zhànzhēng
战争
to bring
dài lái
带来
structural particle
de
的
high degree of
gāodù
高度
uncertainty
bù quèdìng xìng
不确定性
to cause / making
shǐ
使
inflation
tōngzhàng
通胀
to face
miànlín
面临
upward
shàngxíng
上行
risk
fēngxiǎn
风险
,
at the same time
tóngshí
同时
toward / for
duì
对
economic growth
jīngjì zēngzhǎng
经济增长
to pose / to constitute
gòuchéng
构成
downward
xiàxíng
下行
pressure
yālì
压力
。
at the same time
yǔ cǐ tóngshí
与此同时
,
the Eurozone
Ōuyuánqū
欧元区
March
3 yuè
3月
business activity
shāngyè huódòng
商业活动
to fall to / to drop to
jiàng zhì
降至
eleven months
11 gè yuè
11个月
low point / trough
dīdiǎn
低点
,
major / key
zhǔyào
主要
institutions
jīgòu
机构
one after another
fēnfēn
纷纷
to revise downward
xiàtiáo
下调
the region
běn dìqū
本地区
economic growth
jīngjì zēngzhǎng
经济增长
forecast
yùcè
预测
。
the ECB (short form)
Ōuzhōu Yānháng
欧洲央行
to reaffirm / to reiterate
chóngshēn
重申
,
will (future marker)
jiāng
将
based on
yǐ
以
data
shùjù
数据
as
wéi
为
guided by
dǎoxiàng
导向
、
meeting by meeting
zhú cì
逐次
meeting
huìyì
会议
to assess / to evaluate
yánpàn
研判
structural particle
de
的
approach / method
fāngshì
方式
to assess
pínggū
评估
monetary policy
huòbì zhèngcè
货币政策
stance / position
lìchǎng
立场
,
in order to
yǐ
以
flexibly
línghuó
灵活
to respond to / to deal with
yìngduì
应对
situation / developments
júshì
局势
to evolve / to change
yǎnbiàn
演变
。
some / certain
bùfen
部分
analysts
fēnxī rénshì
分析人士
to point out / to note
zhǐchū
指出
,
if / should
ruò
若
energy
néngyuán
能源
price
jiàgé
价格
long-term
chángqī
长期
to remain elevated
gāoqǐ
高企
,
the ECB (short form)
Ōuzhōu Yānháng
欧洲央行
may / might
kěnéng
可能
to have no choice but to
bùdébù
不得不
in
zài
在
this year
jīnnián
今年
later
wǎn xiē shíhòu
晚些时候
once more / again
chóngxīn
重新
to consider
kǎolǜ
考虑
to raise interest rates
jiāxī
加息
。

New Words

Dōng Cán Ào Huì
冬残奥会
Winter Paralympic Games
yùndòng yuán
运动员
athlete
xiàngmù
项目
event
jiǎngpái
奖牌
medal
dàibiǎotuán
代表团
delegation
chéngjī
成绩
result
tǐyù
体育
sports
pīnbó jīngshén
拼搏精神
spirit of tenacity
tóurù
投入
investment
zīyuán
资源
resources

News in English

Business

ECB Holds Rates as Middle East War Complicates Inflation Outlook

The European Central Bank held its three key interest rates unchanged on March 19, 2026, while raising its 2026 inflation forecast to 2.6 percent as the Middle East war drove energy prices higher.

The 2026 Milan-Cortina Winter Paralympic Games was held in Italy from March 6 to 15, with 665 athletes participating in 79 events. At the closing of the Games, the Chinese delegation topped the medal table with 15 gold medals and 44 total medals, with a clear advantage over second-place United States.

This is China's second topping of the medal table following the 2022 Beijing Winter Paralympic Games, marking the continued success of the state's systematic investment in disabled sports programs. Analysts noted that China's rise in Paralympic events is inseparably linked to advancing sports powerhouse strategy and large-scale training system investment.

This edition featured six major sports disciplines, covering Para alpine skiing, Para biathlon, Para cross-country skiing, Para ice hockey, Para snowboard, and wheelchair curling. In individual events, US athlete Oksana Masters claimed three gold medals in cross-country skiing as a standout performer. The US team defeated Canada 6-2 in the Para ice hockey final, claiming another key gold medal.

The successful hosting of this Games further raised international community attention toward disabled athletes' spirit of tenacity, driving all countries to increase resource investment in disabled sports.

More in Business

artificial intelligence
réngōng zhìnéng
人工智能
revenue / income
shōurù
收入
prospects / outlook
qiánjǐng
前景
to trigger / to cause
yǐnfā
引发
doubts / questions
yíwèn
疑问
,
semiconductor
bàndǎotǐ
半导体
stock price
gǔjià
股价
from
cóng
从
October
shí yuè
十月
peak / high point
gāodiǎn
高点
to retreat / to fall back
huíluò
回落
。

AI Revenue Uncertainty Pulls Semiconductor Stocks Off October Highs

United States
Měiguó
美国
stock market
gǔshì
股市
Friday
zhōuwǔ
周五
strongly / with force
qiángshì
强势
to rebound / to rally
fǎntán
反弹
,
Dow Jones Index
Dào Zhǐ
道指
gained more than
zhǎng chāo
涨超
400 points
400 diǎn
400点
,
to end / to conclude
jiéshù
结束
volatile / turbulent
dòngdàng
动荡
(particle)
de
的
one week
yī zhōu
一周
。

US Stocks Cap Volatile Week With Strong Friday Rally as Dow Gains Over 400 Points

international
guójì
国际
oil prices
yóujià
油价
to maintain / to sustain
wéichí
维持
high level / elevated level
gāowèi
高位
,
Nasdaq (stock exchange)
Nàsīdákè
纳斯达克
index
zhǐshù
指数
Thursday
zhōusì
周四
to close lower / to finish down
shōu diē
收跌
1.3 percent
bǎifēnzhī yī diǎn sān
1.3%
。

Nasdaq Slides 1.3 Percent as Brent Oil Holds Above 100 Dollars

OPEC
Ōu pèi kè
欧佩克
to announce
xuān bù
宣布
November
shí yī yuè
十一月
oil / petroleum
shí yóu
石油
output / production
chǎn liàng
产量
to maintain / to keep
bǎo chí
保持
unchanged
bù biàn
不变
。

OPEC Announces November Oil Output to Remain Unchanged