Tightening
in sentence
448 examples of Tightening in a sentence
Faster growth and slower policy
tightening
are great news for asset prices.
But, instead of blindly
tightening
the credit supply, policymakers must pursue deep financial-sector reform to liberalize the deposit rate, eliminate quantitative controls, and, most important, allow for the establishment of domestic private financial institutions.
Over the last decade – especially since 2008 – China’s central government has been
tightening
its grip on industrial policy, while enhancing the State Council’s dominance over local governments.
One hopes that this is a reflection not of a consumption slowdown, but rather of Chinese policymakers
tightening
financial conditions in the second half of 2017.
With wheat markets tightening, more land is used for wheat planting, reducing maize or soybean production.
Turning Europe into a fortress, undermining freedom of movement across the continent,
tightening
borders, and ignoring legal – as well as moral – obligations to protect the vulnerable is a failing strategy.
They have also known that the economic benefits of trade agreements that reach beyond borders to shape domestic regulations – as with the
tightening
of patent rules or the harmonization of health and safety requirements – are fundamentally ambiguous.
Yet an exception might be warranted where a violation of the deficit ceiling has led to fiscal
tightening
in line with advice from the Commission and endorsed by Ecofin.
Having violated the ceiling in 2002, Germany looked set to do so again in 2003 despite
tightening
its budget along Commission lines.
Presumably bank closures, higher interest rates, and fiscal
tightening
to restore market confidence.
Although governments have endlessly repeated this argument since the 2008 crash as a justification for fiscal tightening, the economist A. P. Lerner pointed out its fallacy years ago.
The slowdown in Chinese economic growth this year has been due almost entirely to deliberate decisions to deleverage the banking system, cut local governments’ borrowing, reduce over-investment in infrastructure, and curb booming house prices by
tightening
monetary policy.
Doubts about the Chinese government’s willingness to shift economic policy from
tightening
to stimulus have been dispelled in the past few weeks.
Clear statements from policymakers, all the way up to Xi, have indicated that China will not permit any further weakening of the economy next year, even if that means accepting bigger budget deficits or easing up on bank deleveraging and monetary
tightening.
Given this, the likely upshot of monetary
tightening
in the advanced economies will be a long depreciation of emerging-market currencies and, in turn, a significant interest-rate hike – a trend that puts emerging economies at risk for the kinds of credit crises that have bedeviled developed economies over the last six years.
Indeed, if the Fed makes an inadvertent mistake (the likelihood of this is considerable, given the country’s complex situation and the “unusually uncertain” outlook), it is more likely to err on the side of staying accommodative for too long, rather than
tightening
monetary policy prematurely.
Arab countries today are faced with slow overall GDP growth and
tightening
fiscal constraints.
Today, with the US housing market cooling and financial conditions tightening, a US recession is not out of the question.
If Greece still had its own currency, the authorities could devalue it while
tightening
fiscal policy.
In exchange for this liquidity support, Greece will be forced to accept painful fiscal
tightening
and falling GDP.
To be sure,
tightening
security and reducing the scope of public-diplomacy efforts was the right move in the wake of the Benghazi attacks.
It is all too easy to reduce the fight against terrorism to
tightening
the political screws, to a strengthening of Putin's power, to restricting the movement of people within the country.
There is at least some evidence that the PBOC has already resumed monetary
tightening
in an effort to impose a controlled credit crunch on the country’s shadow banking sector.
There is now legislation pending in the US Congress aimed at
tightening
the approval process for foreign acquisition of US firms, and a similar reaction is occurring in Asia and Europe.
But, even with
tightening
sanctions against Russia and growing violence in Ukraine, there is little chance that Cold War II is about to start.
The elections threshold makes another round of sanctions virtually certain, but allows the
tightening
to be more modest and gradual.
Indeed, though the sanctions are having a real economic impact on Russia (particularly in spurring capital flight),
tightening
the screws further will not materially change Russian President Vladimir Putin’s decision-making.
So, are we in 1936, and does the budgetary
tightening
contemplated in many countries risk provoking a similar double-dip recession?
In other words, when the Fed even hints at
tightening
monetary policy, other countries suffer.
Our research shows that any monetary
tightening
by the Fed will affect the rest of the world, but to differing degrees.
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