Dec 20, 2022 06:09
1 yr ago
12 viewers *
English term
punch bowl
English to Chinese
Bus/Financial
Business/Commerce (general)
The strong economic recovery is expected to propel equities higher in 2021, but the ride may be bumpy as investors worry over when central banks will start taking the punch bowl away. A resurgence of COVID-19 cases, possible US tax increases and rising geopolitical tensions surrounding China are other potential risks to watch out for.
Proposed translations
(Chinese)
| 5 | 开始加息 (start taking the punch bowl away) |
Kiet Bach
|
| 5 | （央行减少）经济刺激措施 |
Frank Feng
|
Proposed translations
2 hrs
Selected
开始加息 (start taking the punch bowl away)
"take away the punch bowl" 是前任美国联邦储备局局长 William McChesney Martin Jr 说的话。（“联邦储备局(The Federal Reserve” 相当于 “中央银行”）。
As a result, his decisions were often supported by unanimous votes on the FOMC. The task of the Federal Reserve, he famously said, is "to take away the punch bowl just as the party gets going,"[4][5] that is, raise interest rates just when the economy reaches peak activity after a recession.
https://en.wikipedia.org/wiki/William_McChesney_Martin#:~:te...
investors worry over when central banks will start taking the punch bowl away.
投资者担心几时各中央银行会开始加息。
start taking the punch bowl away = start ending the party 把欢乐时刻提早结束，经济因为加息会开始放缓。
punch bowl：香甜饮料的大酒钵
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Note added at 17 hrs (2022-12-20 23:53:24 GMT)
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字面意思：在欢乐聚会进行中把香甜饮料的大酒钵拿走（扫兴）。
寓意：在经济迅速增长时加息，使经济增长放缓甚至停顿。
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Note added at 1 day 18 mins (2022-12-21 06:28:21 GMT)
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加息是一个国家或地区的中央银行提高利息的行为，从而使商业银行对中央银行的借贷成本提高，进而迫使市场的利息也进行增加。加息的目的包括减少货币供应、压抑消费、压抑通货膨胀、鼓励存款、减缓市场投机等等。加息也可作为提升本国或本地区货币对其它货币的币值（汇率）的间接手段。
https://baike.baidu.com/item/加息/2585828
As a result, his decisions were often supported by unanimous votes on the FOMC. The task of the Federal Reserve, he famously said, is "to take away the punch bowl just as the party gets going,"[4][5] that is, raise interest rates just when the economy reaches peak activity after a recession.
https://en.wikipedia.org/wiki/William_McChesney_Martin#:~:te...
investors worry over when central banks will start taking the punch bowl away.
投资者担心几时各中央银行会开始加息。
start taking the punch bowl away = start ending the party 把欢乐时刻提早结束，经济因为加息会开始放缓。
punch bowl：香甜饮料的大酒钵
--------------------------------------------------
Note added at 17 hrs (2022-12-20 23:53:24 GMT)
--------------------------------------------------
字面意思：在欢乐聚会进行中把香甜饮料的大酒钵拿走（扫兴）。
寓意：在经济迅速增长时加息，使经济增长放缓甚至停顿。
--------------------------------------------------
Note added at 1 day 18 mins (2022-12-21 06:28:21 GMT)
--------------------------------------------------
加息是一个国家或地区的中央银行提高利息的行为，从而使商业银行对中央银行的借贷成本提高，进而迫使市场的利息也进行增加。加息的目的包括减少货币供应、压抑消费、压抑通货膨胀、鼓励存款、减缓市场投机等等。加息也可作为提升本国或本地区货币对其它货币的币值（汇率）的间接手段。
https://baike.baidu.com/item/加息/2585828
4 KudoZ points awarded for this answer.
3 mins
Frank Feng
China
China
Native in Chinese
Specializes in field
China
Financial, Medical, Game, IT Translation
Native in: Chinese (Variants: Mandarin, Traditional, Simplified) , Mandarin Chinese 
Works in: English to Chinese, Chinese to English, English to Mandarin Chinese
Related KudoZ points
:
84
（央行减少）经济刺激措施
ref: https://conversableeconomist.blogspot.com/2013/06/the-punch-...
In monetary policy jargon, "taking away the punch bowl" refers to a central bank action to reduce the stimulus that it has been giving the economy.
punch bowl愿意是party上装潘趣酒的大碗，此处为比喻义
In monetary policy jargon, "taking away the punch bowl" refers to a central bank action to reduce the stimulus that it has been giving the economy.
punch bowl愿意是party上装潘趣酒的大碗，此处为比喻义
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