Given a text T, and several options, according to the question posed in the text T to choose the most appropriate option from the options as the answer, please directly output the most appropriate option, do not need to output the explanation.

An analyst writes in an economic report that the current phase of the business cycle is characterized by accelerating inflationary pressures and borrowing by companies. The analyst is most likely referring to the:
Option A:peak of the business cycle.
Option B:contraction phase of the business cycle.
Option C:early expansion phase of the business cycle.

Answer: A