周期性现象 meaning in Chinese

periodic phenomena
periodism

My view , very simply , is this : to the extent that deflation is a cyclical phenomenon , we should try and sit it out and not attempt to depart from long established macroeconomic policies that have served hong kong well in the past
我的意见很简单，就是若通缩是周期性现象，我们便应该耐心等待其过去，而不要偏离一直行之有效的宏观经济政策。当然，经济周期的影响可能会非常巨大，甚至会触发金融市场出现系统性问题。