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Hot word diary (No. 983) We select memorable high-frequency words and phrases from recent hot reports in the Financial Times, and use them with definitions and original news examples to help you easily master authentic and practical English expressions and feel the progress and improvement of your English ability through continuous accumulation. ① ripple [ˈrɪpl] n. ripple, ripple; rising and falling sounds ; chain reaction caused by events vi. vt. (to cause) ripples; small waves vi. (feelings, etc.) spread, spread; surge “ The fixed income sell-off has started to ripple through global equities, and led some analysts to predict a repeat of past battles between bond markets and spendthrift governments and central banks. The sell-off in fixed-income bonds has begun to ripple through global stock markets and has led some analysts to predict a renewed war between bond markets and profligate governments and central banks. ![]() Source: "Bond investors suffer worst start to year since 2015/Bond investors suffer worst start to year since 2015" ” ② indefinite [ɪnˈdefɪnət] adj. indefinitely; unclear, unclear “ What started out as “temporary” lay-offs earlier this month at General Motors’ plant in Kansas City soon became “indefinite”. Layoffs at GM's Kansas City plant that began earlier this month quickly went from "temporary" to "indefinite." ![]() Source: "Car chip shortage shines light on fragility of US supply chain/How does the shortage of car chips expose the fragility of the US supply chain?" 》 ” ③ overshoot [ˌəʊvəˈʃuːt] vt. Go beyond, exceed, break through (budget) n. excess “ “While calls of a metals supercycle are growing louder, the evidence suggests we’re in the midst of a cyclical overshoot,” said Bart Melek, head of commodity strategy at TD Securities. "While the clamor for a metals supercycle is getting louder, the evidence suggests we are in the midst of a cyclical overshoot," said Bart Melek, head of commodities strategy at TD Securities. ” ![]() Source: "Commodities price surge raises fears of 'overshoot'/Are commodities "overshooting"? 》 ” |