The Hindu Editorial (A valid pause) – Dec 06, 2018

The Reserve Bank of India’s decision to leave interest rates unchanged, given easing inflation and the slowdown in economic momentum, was both expected and reasonable. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (A valid pause) – Dec 06, 2018.

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Today’s word list-1 The Hindu Editorial (A valid pause) – Dec 06, 2018:

stick to (phrasal verb) – adhere to/abide by, keep, hold to.
calibrated (adjective) – carefully assessed, carefully regulated, carefully adjusted.
inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
slowdown (noun) – economic decline, recession, slump/depression.
projection (noun) – expectation, prognosis, prediction.
Indian crude basket (noun) – Indian Basket (IB); It is weighted average of Dubai and Oman (sour) and the Brent Crude (sweet) crude oil prices. It is used as an indicator of the price of crude imports in India.
tumble (verb) – fall sharply, decrease, decline/slump.
The monetary policy committee (MPC) (noun) – it is a six-member panel that is expected to bring “value and transparency” to rate-setting decisions. It will feature three members from the RBI — the Governor, a Deputy Governor and another official — and three independent members to be selected by the Government. The MPC will meet four times a year to decide on monetary policy by a majority vote.
foresee (verb) – anticipate, predict, expect.
headline 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). core inflation (noun) – it is a measure of the total inflation within an economy, excluding commodities such as food and energy prices (which change frequently).
hover (verb) – remain at a level.
stand pat (phrase) – stick firmly to a decision made.
bolster (verb) – strengthen, support, reinforce/buttress.
flag (verb) – indicate, identify, point out.
Tailwinds (noun) – (in business) it describes a situation or condition that will move growth, revenues, or profits higher. Headwinds (noun) – (in business) situations or conditions that make growth harder/difficult.
be weighted (verb) – be planned/arranged.
keep (the powder) dry (phrase) – be prepared for an emergency.
remit (noun) – task/duty, responsibility, ambit.
wary (adjective) – cautious, careful, circumspect.
cloud (verb) – confuse, muddle, make unclear.
horizon (noun) – outlook, purview, perspective.
reckon (verb) – think, consider; suppose.
volatile (adjective) – unpredictable, changeable, variable/inconstant.
perishable (adjective) – easily spoilt, biodegradable; relating to items likely to decay quickly, especially foods.
hazy (adjective) – indistinct, unclear, ill-defined.
flare-up (noun) – (a sudden) eruption, outburst, outbreak.
fiscal slippage (noun) – the missing fiscal targets in the country’s budget.
heighten (verb) – increase, raise; aggravate/worsen.
crowd out (phrasal verb) – oust, overthrow, remove.
opportune (adjective) – favorable, advantageous, right.
macroeconomic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
fiscal prudence (noun) – cautiousness, carefulness, judgement on fiscal decisions like borrowing, and spending, and managing the fiscal targets.