Today’s “Phrase of the Day” is “in the offing” and its meaning is “likely to happen, on the way, coming soon, coming up, close at hand, imminent, on the horizon, in the wings, just around the corner, upcoming, forthcoming”.
Example Sentence: Central banks are raising interest rates, exposing the vulnerability of “zombie” companies that have survived only thanks to a prolonged period of low interest rates. It is a lot cheaper in the US to borrow money for 10 years than it is to borrow money for one year. In the past this unusual phenomenon, known as an inverted yield curve, has been a telltale sign of a recession in the offing.
This phrase is present in A global recession may be looming, but there is a way out of this rut and click here to read it.
Courtesy: The Guardian
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