The Hindu Editorial (Powell doctrine) – Aug 27, 2018

The Hindu Editorial (Powell doctrine) – Aug 27, 2018

U.S. Federal Reserve Chairman Jerome Powell’s speech last week at the conference for central bankers in Jackson Hole, Wyoming was a strong defence of the current gradual approach to raising interest rates. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Powell doctrine) – Aug 27, 2018.

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Today’s word list-2 for The Hindu Editorial (Powell doctrine) – Aug 27, 2018:

doctrine (noun) – principle, belief, rule.
gradualist (adjective) – relating to gradual reform to a policy.
inflation (noun) – an increase of price level of goods & services & vice versa decrease of currency value.
encroach (on) (verb) – intrude, trespass, impinge on (one’s territory).
derail (verb) – obstruct, impede, hinder.
boom (noun) – a period of rapid economic growth.
overheat (verb) – to show noticeable inflation.
imprecise (adjective) – vague, rough, unclear/inexact.
draw attention to (phrase) – emphasise, highlight, underscore;focus on.
macroeconomic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
grope (verb) – search blindly.
implications (noun) – consequence/outcome, ramification, repercussion.
dovish (adjective) – accommodating/agreeable; peaceful, diplomatic.
hawkish (adjective) – aggressive, combative, belligerent.
rattle (verb) – disturb, discomfit, agitate.
tank (verb) – lose or fail heavily.
in part (phrase) – relatively, comparatively, moderately.
rally (noun) – recovery, upturn, improvement/rebound.
non-committal (adjective) – careful, circumspect, reserved/diplomatic.
outlook (noun) – prospects, expectations, chances.

Note:

Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context.
This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.