The Hindu Editorial (Twin troubles) – Dec 14, 2019

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Today’s word list-2 for The Hindu Editorial (Twin troubles) – Dec 14, 2019:

1. inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
2. root cause (noun) – the basic reason of something.
3. stagflation (noun) – decline, downturn, slowdown.
4. index (noun) – measure; guide, indication.
5. contract (verb) – decrease, diminish, reduce.
6. shrank past of shrink (verb) – lessen, reduce, decrease.
7. headline (retail) inflation (noun) – it is a measure of the total inflation within an economy, including commodities such as food and energy prices (e.g., oil and gas).
8. fuel (verb) – stimulate, encourage, intensify.
9. (upper) band (noun) – upper limit/range (a value-setting method).
10. downturn (noun) – setback, upset/blow, decline (in business activity).
11. raise its ugly head (phrase) – an unpleasant/undesirable thing hidden till date, becomes as a problem that people have to deal with.
12. unlikely (adjective) – questionable, unconvincing; doubtful, unexpected.
13. slowdown (noun) – economic decline, recession, slump/depression.
14. hold back (phrasal verb) – prevent, block, thwart/retrain.
15. benchmark interest rate (noun) – base interest rate; reference interest rate; basis/guideline (interest rate).
16. so far (phrase) – until now, up to the present, up to this point.
17. merely (adverb) – only, simply, just.
18. cyclical (adjective) – recurrent, recurring, happening at regular intervals, regular.
19. sooner (rather) than later (phrase) – soon, immediately, without delay.
20. fall short (of) (phrase) – be deficient/inadequate/insufficient; fail to meet/reach.
21. come up with (phrasal verb) – produce, propose/put forward, submit/recommend.
22. attribute (verb) – connect with, associate with, hold responsible for.
23. rate cut (noun) – a decision by a central bank (like RBI in India) to reduce its main interest rate to the banks (like SBI, ICICI & etc in India) when these commercial banks get money from the central bank. Once this rate goes down, the banks are in a position to give loans at lower interest rates to individuals and the industry.
24. slide (noun) – fall, drop, decline. 
25. lie in (phrasal verb) – be present, be contained, exist.
26. add to (verb) – increase, aggravate, worsen/deepen.
27. stoke (verb) – incite, encourage, fuel.

Note:  

 1. 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/. 

2. 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.   

3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.

Today’s word list-2 The Hindu Editorial (Twin troubles) – Dec 14, 2019:

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