英语学习——20150630经济学人

http://www.economist.com/blogs/freeexchange/2015/06/china-s-economy#
A little love from central mama

1. dispense
CHINESE investors jokingly call the central bank “central mama”. They thanked her for dispensing a bit of love over the weekend by trimming interest rates and reducing some lenders’ required reserves.
dispense
*1.v administer or bestow, as in small portions
2.v grant a dispensation; grant an exemption*

2. Punter，carnage，equity，tumbling，rout
Punters hope this will save the stockmarket from further carnage. Having led the world for much of the past year, China’s equities have been in free fall over the past two weeks, tumbling 19%. Had the central bank done nothing, the rout would have been sure to deepen.
Punter: n someone who bets
carnage: the savage and excessive killing of many people
equity: (1)n conformity with rules or standards(2)n the ownership interest of shareholders in a corporation
tumbling: 翻跟头
rout: an overwhelming defeat

3. slash
On April 20th, the People’s Bank of China slashed RRR for all banks by 1%.
slash: cut with sweeping strokes; as with an ax or machete

4. sluggish, wary, stoking

When data earlier in June showed that investment was still sluggish, the central bank held off from additional easing, apparently wary of stoking the speculative excess in equities.
sluggish: a. moving slowly
wary: a. 谨慎的
stoking: 烧旺火