President-elect Donald Trump, center, listens to a member of the military in Baltimore, Plans to put more money into infrastructure and the military may push inflation too high, one central bank leader says.
One of the leaders of the U.S. central bank says plans by the Trump administration to boost spending might push inflation too high.
U.S. Federal Reserve governor Lael Brainard told a Washington audience Tuesday that plans to put more money into infrastructure and the military may have the intended effect of stimulating economic growth. But she cautioned that such stimulus, arriving at a time when the economy is approaching full employment, might overshoot and overheat the economy.
The Fed is supposed to promote full employment and keep inflation to a modest two percent. The bank's leaders cut the key interest rate to record lows during the recession to boost growth, and have been very gradually raising rates as the economy recovers.
Brainard said officials might have to raise rates sooner or higher to fend off the threat of inflation.
Other Fed officials have also expressed worries about increased spending, and several say they need more specifics about Trump's spending and other economic plans.
3.SELL賣,to help sell a new product, film etc by offering it at a reduced price or by advertising it
促銷，推銷停局，推廣〔產(chǎn)品〕:
She's in London to promote her new book.
她來(lái)倫敦宣傳她的新書(shū)凰兑。
4.SPORT體育運(yùn)動(dòng),[usually passive][BrE]if a sports team is promoted, they play in a better group of teams the next year
將〔運(yùn)動(dòng)隊(duì)〕升級(jí);
OPPrelegate
promote sb to sth
They have been promoted to the First Division.
他們晉級(jí)為甲級(jí)隊(duì)。
fend
fend/f?nd;fend/verb1.fend for yourself,to look after yourself without needing help from other people
獨(dú)立生活; 照料自己:
The kids had to fend for themselves while their parents were away.
父母不在家時(shí)旁仿，孩子們只好自己照料自己倍谜。
PHRASAL VERBS
?fendsb / sthoff
1.to defend yourself against someone who is attacking you
擋開(kāi)…的攻擊;
SYNfight sboff:
Tabitha threw up an arm to fend her attacker off.
塔比莎揮臂擋開(kāi)行兇者瓢省。
overshoot
o·ver·shoot/?ov???ut;???v???u:t/verb(past tense and past participleovershot) /-??ɑt;-???t/[I,T]
1.to accidentally go a little further than you intended
〔意外地〕超過(guò)，駛過(guò)（預(yù)定地點(diǎn)）:
The plane overshot the runway and plunged into a ditch.
這架飛機(jī)沖出了跑道海渊，一頭扎進(jìn)了溝里绵疲。
2.to spend more money than you had intended
超出〔預(yù)計(jì)費(fèi)用〕:
The school has overshot its cash limit.
這所學(xué)校超出了預(yù)定的現(xiàn)金限額。
