restrictive monetary policy

"A more restrictive monetary policy tends to produce a narrower yield spread."

However, the Federal Reserve continued with restrictive monetary policy, limiting economic growth in the late 1980s.

Further inflation was expected into 1952 and the Federal Reserve set in motion restrictive monetary policy.

Throughout 1989 and 1990, the economy was weakening as a result of restrictive monetary policy enacted by the Federal Reserve.

Bond prices also fell sharply, pushing interest rates higher as traders reacted to the possibility of a more restrictive monetary policy.

Paradoxically, the tax subsidy cushions the borrower from the full effects of a restrictive monetary policy.

Restrictive monetary policy is the appropriate response to what is fundamentally rooted in excessive monetary growth.

An expansive tax policy and a restrictive monetary policy have produced an unfortunate ‘policy mix’ and slowed economic growth.

Monetarists tend to worry more than supply-siders about inflation and therefore are inclined toward a more restrictive monetary policy.

The Federal Reserve Board has been pursuing a restrictive monetary policy to help slow growth and relieve inflationary pressures on the economy.

The explanation of this instability lies in bankruptcy, which in turn reflected the post-war depression, deepened by a restrictive monetary policy.

The statement seemed to indicate that Mr. Volcker favored a continuation of the Fed's restrictive monetary policy.

Government also jumped on the bandwagon, first with wage restraint policies and later with restrictive monetary policies to reduce inflationary pressures.

Through restrictive monetary policies, the Reserve (central) Bank has managed to reduce the CPI from a high of 15.3 percent in 1991.

Over the long term, the oil embargo changed the nature of policy in the West towards increased exploration, energy conservation, and more restrictive monetary policy to better fight inflation.

Recent weak economic reports and a sense that inflationary pressures may be easing have helped to push short-term interest rates lower in anticipation of a less restrictive monetary policy.

The restrictive monetary policy adopted by the central banks in the Group of 10 industrial countries is working, Mr. Pohl said after a meeting of central bankers.

This ignores all the problems of unemployment caused by restrictive monetary policies and by constant privatisations, including in basic sectors of the economy and in social fields.

Traders remember that in April, when M-2 and M-3 were also below their annual growth targets, the Fed moved to a more restrictive monetary policy with higher short-term interest rates.

"At some point in the future, accelerating inflation, related to significant increases in labor costs and high capacity utilization, will lead the Federal Reserve to a more restrictive monetary policy.

A. The strong yen is due 60 percent to overly restrictive monetary policy in Japan and 40 percent to overly accommodative policy in the United States.

He said the restrictive monetary policy pursued by the Federal Reserve over the past year or so "appears to be succeeding in steering the economy to a more moderate, but sustainable, growth path."

Since last summer the Federal Reserve Board has maintained a restrictive monetary policy that has held money supply growth in check and has pushed up short-term interest rates by three percentage points.

Still, Michael J. Boskin, chief economic adviser to President Bush, persisted in expressing concern about possibly overly restrictive monetary policy by the Federal Reserve that could threaten recovery.

Analysts pointed out that almost all the board members of the new central bank were demonstrated hawks who had frequently imposed restrictive monetary policies to suppress inflation and stabilize their individual nations' currencies.