... deflationary bias 通货紧缩的趋势 deflationary policy 紧缩银根政策 deflationary spiral 通缩螺旋 ; 通货紧缩螺旋 ; 螺旋下降 ; 紧缩漩涡 ...
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假使物价水平不再螺旋下降，银行认为经济最终会自己复苏。
Provided there is no downward spiral in prices, it believes the economy will eventually heal itself.
如果中东局势失控，并且利率上升，那么我们将陷入螺旋下降中无法自拔。
If something collapses in the Middle East and interest rates go up we have the potential to go on a downward spiral that we cannot get out of.
但如果现在的这种螺旋下降的情况继续的话，美国经济将以衰退收场，欧洲也是难兄难弟。
But if the downward spiral takes hold, America will end up in recession and so quite possibly will Europe.
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