Yet it seems premature to write off the threat as long as a large output gap persists.

但是只要巨大的产出缺口持续存在，把这种威胁一笔勾消的做法就显得不成熟。

youdao

In a March 23 speech, Ms. Yellen cautioned that the output gap may not be fully closed until 2013.

耶伦在3月23日的讲话中警告说产出缺口可能直到2013年才能完全消除。

youdao

Estimating how big the output gap is, and how much of a deflationary threat it still poses, is not easy.

要估测产出缺口的大小，及其可能引发通货紧缩的威胁有多大，并不容易。

youdao

Interestingly, there is also a Plan C spelled out, if low growth is combined with high inflation - because we've underestimated the long-term damage done by the crisis (ie over-estimated the output gap) - hike interest rates and increase austerity.

BBC: IMF set out a 'Plan B' for George Osborne

We also thought they would probably cut or leave unchanged their estimate of spare capacity in the economy (the "output gap") - again, on the basis of their calculations in March.

BBC: The Bank, the OBR and Mr Osborne

Hayek was managing to close the gap between manufacturing output and real-time market demand.

FORBES