This time, however, the transmission mechanism.

但是这一次，这个转换机制断裂了。

youdao

This time, however, the transmission mechanism is broken.

而这一次，此转换的机制断裂了。

youdao

Finally, on the national debt and economic effects of the transmission mechanism.

最后论述了国债的经济效应及传导机制。

youdao

What's required, according to many analysts, is a circuit breaker in the transmission mechanism of fear.

BBC: The origins of today's market mayhem

The transmission mechanism from interest rates to consumer spending is weaker, largely because of less developed and less competitive mortgage markets.

ECONOMIST: The European Central Bank

But there is good reason to believe that the transmission mechanism is at least partially broken at present, and thus the pass-through benefit to the economy associated with a small decline in Treasury yields (relative to current levels) would likely be infinitesimal.

FORBES: The Fed Pushes On A String As It Ponders How To Create Inflation