The phrase "current cycle" refers to the present or ongoing phase or period. It suggests that something is currently repeating, happening, or progressing. Full definition
I shared with you last month that in the past 100 years, only three such cycles out of at least 18 didn't end in a recession.The current cycle could turn out to be just as benign, but that would make it a huge exception, not the norm. (usfunds.com)
While it's probably impossible to pick the exact point at which this happens, the risk in the current cycle of rising prices is that it happens earlier than in the past in Asia, the main region driving rising crude demand. (cnbc.com)
Though the Fed has been in a slow rate - hiking pace since December 2015 — the December 2017 increase was the fifth in the current cycle — its benchmark funds rate remains targeted at just 1.25 percent to 1.5 percent. (cnbc.com)