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Tightening in sentence

448 examples of Tightening in a sentence

Subdued wage growth in the face of a tightening labor market is unlikely to continue, and any big rise in wages will put strong upward pressure on prices (though this might not happen anytime soon, given the relentless downward pressure on wages coming from automation and globalization).
In other words, the eurozone needs a European Monetary Fund that prevents this vicious circle from tightening by providing bridging finance when capital markets break down.
Putin’s grip on state media has been tightening since December 2013, when channels were regrouped in the Rossiya Segodnya consortium to improve the presentation of Russia’s “story.”
But some of the good news about America’s economy was bad news for financial markets, because investors considered the Fed’s potential policy tightening in response to such news to be more relevant than the news itself.
Chinese officials hope that higher household incomes will boost consumer spending, as the tightening labor market causes wages to rise and as urbanization shifts workers from low-productivity farm work to higher-wage employment in the cities.
Moreover, the negative consequences of tightening monetary conditions in developed countries will likely become more severe, given the disconnect between asset bubbles and recoveries in the real economy.
As the Fed’s monetary-policy tightening becomes a reality, the World Bank predicts that capital flows to developing countries will fall from 4.6% of their GDP in 2013 to around 4% in 2016.
He bolstered his image considerably after winning the 1994 election by tightening government finances and eliminating a huge fiscal deficit.
Slowing growth and policy missteps, together with signs that the US Federal Reserve will start tightening monetary policy by scaling back its “quantitative easing” (QE, or open-ended purchases of long-term assets), have triggered deep sell-offs in emerging economies’ currency, bond, and equity markets.
The first two major reforms that his government will seek to implement entail an overhaul of the labor market and a tightening of rules on ethics in the public sector.
A concrete and credible program of tightening fiscal discipline and restructuring private-sector debt is essential.
In the current debate about what the Fed should do next, Governor Lael Brainard has been arguing that real dollar appreciation of 20% in 2014 and 2015 reduces the need for further monetary-policy tightening.
Other approaches are also possible: tightening up patent laws or imposing price controls for monopolistic industries, such as pharmaceuticals, as many market economies have done.
The ECB’s paltry rate hike in December, together with the supine promise of no plans for further monetary tightening, demonstrates that Trichet is no Duisenberg.
The fact is that around most of the world, inflation – and eventually inflation expectations – will keep climbing unless central banks start tightening their monetary policies.
Moreover, subsequent cyclical tightening was always less aggressive than the preceding easing.
But, given the large adjustment needs, it is not politically feasible to do everything, including painful fiscal tightening, immediately.
The impact will be particularly powerful in emerging countries, where currencies are vulnerable to a rising dollar and tightening liquidity conditions in the US.
The Fed’s leaders have repeatedly said that they plan to raise interest rates much more slowly than in previous periods of monetary tightening.
Nobel laureate Joseph Stiglitz provides further grounds for discounting the likelihood of faster tightening.
Indeed, Kozul-Wright opposes any tightening at all: If the Fed “follows through on raising interest rates,” this could cause serious trouble for the global economy, and especially emerging markets, because of “the enormous tsunami of debt bearing down on households, businesses, banks, and governments.”
On balance, considering that the Fed is under fire from both directions, perhaps a modest tightening of monetary policy is about right, says former IMF chief economist Kenneth Rogoff.
The real risk of monetary tightening, he suggests, is political: “If the Fed starts hiking, it will be blamed for absolutely every bad thing that happens in the economy for the next six months to a year, which will happen to coincide with the heart of a US presidential election campaign.”
Harvard’s Jeffrey Frankel fears a “possible repeat of previous episodes, notably in 1982 and 1994, when the Fed’s policy tightening helped precipitate financial crises in developing countries.”
Although Shiller and Roach express serious concerns about the buildup of debt and high asset prices in developed countries, both Roubini and Berkeley’s Brad DeLong downplay concerns about financial instability, because interest rates will remain low by historic standards for many years, even as Fed tightening begins.
Emerging economies were immediately affected by credit tightening (including trade finance) and rapid declines in exports, leading to similar shocks there.
Russia, by contrast, is a more classic National Security State, now playing Western anxieties like a fiddle to consolidate its tightening grip on Ukraine and suppress domestic opposition with a tide of official nationalism.
Against the background of a shaky global recovery, concerns have grown considerably over a possible hard landing for the Chinese economy, caused by monetary tightening aimed at controlling inflation.
The Chinese authorities have reinforced this effort by tightening controls on capital outflows.
The Fed is already allowing some tightening simply by not playing along, and letting the US dollar appreciate.
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