Overheating


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Overheating

An economy that is growing very quickly, with the risk of high inflation.

Overheating

Describing an economy that is growing too fast or otherwise unsustainably. Overheating economies tend to crash, experience high inflation, or both. The inflation occurs when the economy's producers are unable to meet demand by expanding production because it is rising too fast. To temper demand, the producers raise prices. Central banks tend to increase interest rates to temper or prevent overheating in domestic economies.
References in periodicals archive ?
'In the event that the disruption from a no-deal Brexit is avoided, there is a risk of overheating occurring in the Irish economy given that output is now at or close to full capacity.
On Fitch's concerns on potential overheating, BSP Deputy Governor Diwa C.
Higher interest rates discourage people from borrowing money and from spending, causing a decline in demand which, in turn, tempers inflation and can even slow down the country's economic growth to avoid overheating. Stubbornly high inflation and surging borrowing costs have already weighed on consumer spending, which has traditionally been thedriving forcebehind growth in the Philippines, and crimped economic expansionto a three-year low of 6 percent in the third quarter.
Unfortunately, the replacement Pixel 3 that he received also suffered the same overheating issue.
Many of these large machines require a system attached to the motor's power supply that can sense overheating and will turn off the power to the motor, thus preventing this damage.
The head of the Philippines central bank has said that the economy is not overheating.
It's frustrating to deal with a car that's overheating but the good news is that it is largely preventable.
Solar Impulse's engineers will use the interval to study ways to avoid overheating in the future.
Definitely worth a go if you're prone to overheating.
Despite claiming that overheating is "rare", the iPhone maker confirmed that it is offering all customers who return the device a full refund of PS215, and has asked all customers to stop using the speakers.
Apple has been forced to recall over 230,000 Beats Pill XL wireless speakers after reports of overheating, Reuters reported.