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  1. dodonaomik's Avatar
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    #1

    that

    Stable interest rates on long-term bonds are the financial market's vote of confidence
    that the Federal Reserve will keep inflation under control




    Question: I ever discussed the function of the word that with others,
    and a Chinese told me " that can be understood as by that or so that ".
    If his opinion is right, that's to say, stable interest rates make the Federal Reserve keep inflation under control,
    but in my eye, it's just the Federal Reserve that makes interest rates stable.
    So that puzzled me, I don't know how to understand the word.
    what's meaning of that?......It's my question.








    Dear teachers, big thanks!!!
    Last edited by dodonaomik; 17-Feb-2014 at 11:25.

  2. Matthew Wai's Avatar
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    #2

    Re: that

    Is it possible that the financial market keeps the interest rates stable because the market is confident that the Federal Reserve will keep inflation under control?
    Last edited by Matthew Wai; 17-Feb-2014 at 11:21.

  3. dodonaomik's Avatar
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    #3

    Re: that

    Quote Originally Posted by Matthew Wai View Post
    Is it possible that the financial market keeps the interest rates stable because the market is confident that the Federal Reserve will keep inflation under control?
    Yes IMO. In other words, it's the Federal Reserve that makes interest rates stable.
    Thus I cannot understand the word that.

  4. Matthew Wai's Avatar
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    #4

    Re: that

    I guess "the financial market's vote of confidence that..." means "the market has confidence that...".
    "that" doesn't mean "so that" or "by that" here.

    Not a teacher.
    Last edited by Matthew Wai; 17-Feb-2014 at 12:33.

  5. dodonaomik's Avatar
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    #5

    Re: that

    Quote Originally Posted by Matthew Wai View Post
    I guess "the financial market's vote of confidence that..." means "the market has confidence that...".
    "that" doesn't mean "so that" or "by that" here.

    Not a teacher.
    I cannot agree with you, and I feel we shoud say "people have confidence for the market".
    And now, in my eye, that leads an appositive clause, in other words,
    confidence = the Federal Reserve will keep inflation under control (in meaning).


    At last, of course, I can't be sure that my opinion is right.
    Last edited by dodonaomik; 17-Feb-2014 at 15:29.

  6. 5jj's Avatar
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    #6

    Re: that

    That is functioning as a conjunction.The financial market is confident that the Federal Reserve will keep inflation under control. Stable interest rates on long-term bonds are the way in which the market shows this confidence.

  7. Matthew Wai's Avatar
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    #7

    Re: that

    Quote Originally Posted by dodonaomik View Post
    I feel we shoud say "people have confidence for the market".
    I guess we should say "people have confidence in the market", according to my Oxford dictionary.

    Not a teacher.

  8. dodonaomik's Avatar
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    #8

    Re: that

    Quote Originally Posted by Matthew Wai View Post
    I guess we should say "people have confidence in the market", according to my Oxford dictionary.

    Not a teacher.
    Yes, you are very right!!!
    I found two examples:
    1) She has very little confidence in herself.
    2) I have perfect confidence in them.

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