AFR II Flashcards
Learning Journalistic Words and Phrase
saturation (n)
stall (n)
to a very full extent.
stop or cause to stop making progress.
Debt saturation, and stalled reform, has chocked the economy.
render (v)
provide or give (a service, help, etc.).
Cost of currency hedges renders the “carry trade” into US money markets unprofitable.
blitz (n)
a sudden concerted effort to deal with something.
The extra twist this time is that the Fed has had to cope with Donald Trump’s late cycle blitz of fiscal stimulus and the risks abating of overheating.
ominous (adj)
intimidating. having a hostile or deliberately frightening quality or manner.
More ominous was a collapse in the growth rate of real M1 money for businesses.
retrievable (adj)
Capable of being regained especially with effort.
He says the institution has been “slave to its models” and made a serious error in December but at least that error was retrievable.
Dwarf (v)
cause to seem small or insignificant in comparison.
Cyber attack will dwarf the hurricanes Kartrina and Michael.
impend (v)
Expert have warned about the nature impending of the former (cyber attack) for decades.
mount (v)
organise and initiate (a campaign or other course of action).
Other scientists have mounted (it) as two things:
mushroom (v)
increase, spread rapidly.
evidence of our role in a steady shift in climate has mushroomed as we observe more frequent and extreme fires, droughts, hurricanes and tsunamis
hasty (adj)
hurried. done with excessive speed or urgency.
While natural disasters are no fault of our own, they are in general being actively worsened by issues like hasty building, poor planning and failure to invest in healthcare infrastructure.
slump (v)
undergo a sudden severe or prolonged fall in price, value, or amount.
Lending to households declined 2.4 per cent in January after a 3.6 per cent slump in December.
confide (v)
tell someone a secret or a private matter while trusting them not to repeat it to others. reveal. disclose.
“He is running around talking about criminal charges and putting bankers in jail.” a senior banker confides.
bust (v) [informal]
break, spilt or burst.
Though the economy has not experienced a true financial stress test in the last decade beyond the busting the mining boom in Western Australia.
stem from (v)
Less so (adjective)
originate in or be caused by.
Indicates a lesser degree of the quality in question
On the other hand, Lowe argues the main reason for a slowdown in credit growth stems from weaker demand from borrowers because of falling house prices, less so a credit squeeze from lenders.
Breathe down someone’s neck (v) [idiomatic]
To follow or supervise someone too closely.
With ASIC breathing down the neck of bankers, that may prove wishful thinking
prudent (adj)
acting with or showing care and thought for the future. well-judged.
We want lenders who are both prudent and who are prepared to take risk.
Cling (v)
Hold on tightly to. Grip
RBA clings to hopes of wage growth.