1. precautionary (adjective) – preventive, safety, protective.
2. pull away (phrasal verb) – take off, remove, withdraw.
3. punch bowl (noun) – dish, basin, pan. (punch is a drink made by mixing wine, spirits and cocktails with water, fruit juices).
4. get going (phrase) – begin, start, go ahead.
5. take away the punch bowl just as the party gets going (phrase) – to reduce the stimulus that it has been giving the economy.
6. portend (verb) – augur, foretell; indicate/signal. 
7. squeeze (verb) – force, extract, wrest.
8. dot-plot (noun) – it is a statistical chart consisting of data points.
9. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
10. spill over (phrasal verb) – (of a bad situation) spread to other areas.
11. amid (preposition) – in the middle of, among; during.
12. adversely (adverb) – unfavourably, disadvantageously, badly.
13. debt (noun) – liability, financial obligation, borrowed capital.
14. flag (verb) – indicate, identify, point out/signal.
15. prone to (adjective) – vulnerable to, liable to, susceptible.
16. reminiscent (adjective) – similar to, comparable with, bearing comparison with.
17. mortgage (noun) – a legal agreement in which you borrow money (like bonds (government or corporate)).
18. steep (adjective) – sharp, sudden, rapid.
19. sell-off (noun) – selling of something (commodity/share) which causes fall in price.
20. hit by (verb) – affect badly.
21. outflow (noun) – money/assets flowing out of (or leaving) a particular country’s economy.
22. homeward (adjective) – going towards home.

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