https://espresso.economist.com/4c74dcfeac90df69aed5c8a90125e696
Jan 23rd 2019
Exit blocked: Bank of Japan
Central-bank policymakers met today with bad news ringing in their ears.
- sth. ring in someone's ears 某事回响在耳边
Consumer prices rose just 0.9% last year, dealing a blow to hopes that Haruhiko Kuroda, the bank’s governor, might stow his liquidity bazooka.
- deal a blow 打击；给予一击；给予打击
- stow 妥善放置；把…收好
- liquidity 资产流动性；资产变现能力
- bazooka 火箭炮，（反坦克）巴祖卡火箭筒
His quest to hit a 2% inflation is looking ever more elusive, despite record low unemployment and the second-longest economic expansion since 1945.
- elusive 难懂的；难捉摸的；难以捉摸的
The BoJ has been gorging on government assets for six years: last year its balance sheet was bigger than Japan’s annual GDP.
- gorge 狼吞虎咽；使吃饱；使塞足
As other central banks end monetary easing, the governor is under pressure to follow suit.
- monetary easing 缓和货币政策；货币宽松
But there is little prospect of that.
The yen is again under pressure and in December Mr Kuroda warned ominously of growing uncertainties in the global economy.
- ominously 不吉利地
Exports have waned and the huge car industry is at the mercy of Donald Trump’s threat to impose 25% tariffs.
- wane (月)缺损；衰微；减少
The spectre of deflation continues to haunt the world’s third-largest economy.
- spectre 幽灵；鬼；恐惧；恐慌
- haunt （鬼魂）出没；（不快的事情）萦绕于脑际；长期不断地缠扰（某人）
