Countercyclical in example sentence

It would be far better for the German government to take the bull by the horns by defining the principles of a European economic government in such a way that both countercyclical debt policy within the Maastricht framework and the ECB’s independence are preserved.

More example sentences with word countercyclical

The faster and more robust recoveries that characterized most previous recessions reflected aggressive countercyclical monetary policy by the Fed, which cut the short-term interest rate very sharply.

The rapid deterioration of fiscal position after the crisis made any substantial countercyclical response impossible, while regulatory constraints limited the economy’s structural flexibility.

Not surprisingly, when global recession hit in 2008, most countries had little or no “fiscal space” to implement countercyclical policy.

Tax instruments and reserve requirements that put sand in the wheels of short-term capital inflows should be combined with strong countercyclical measures, such as additional capital requirements, to slow domestic credit creation.

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