Übersetzung für "Restriktive geldpolitik" in Englisch

The cornerstone of Slovenia's macro-economic stabilization policy is a very restrictive monetary policy.

Inflation, recession and restrictive monetary policies all risked aggravating the situation.

Yet, the risk and main challenge to monet ary policy could arise from renewed instability of the dollar.

A tighter fiscal policy was adopted, buttressed by a restrictive monetary policy.

The downturn in inflation has given the central bank the room to loosen monetary policy.

The opposing scenario holds true when the Fed assumes a contractionary monetary policy.

The United States has opted for higher spending and a restrictive monetary policy.

That means that a durable inflation can be prevented by restrictive monetary policy reliably.

Long-term interest rates have fallen markedly, thereby facilitating a less restrictive monetary policy.

The highly restrictive monetary policy resulted in a steep drop in activity from the second half of 1990 on.

Monetary policy, relatively restrictive in the first half of the year, suffered a severe blow in the second half.

The central bank claims that its tight mon­etary policy has already had a notable effect in slowing down credit growth.

Progress towards macroeconomic sta­bilization has been achieved through restrictive budgetary and monetary policies.

Tight money policy can also be carried out by increasing the required reserve ratios or the discount rate.

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

It demanded an extraordinarily independent and unaccountable central bank that is now running an excessively tight monetary policy, aggravating the plight of the PIIGS (Portugal, Ireland, Italy, Greece, and Spain).

By dramatically increasing interest rates to fight inflation, policymakers broke the power of organized labor, while avoiding blame for the mass unemployment that monetary austerity was bound to produce.

As the positive fiscal impulse petered out, the monetary restraint became dominant and West Germany slumped into a recession.

After the positive fiscal impulse of German unification petered out in 1992, monetary restraint became dominant and Germany slumped into a recession like the US, but two years later.

The inflation rate of Slovenia's currency, the tolar, has already been substantially reduced through a very strict monetary policy.

The restrictive monetary policy also contributed to the EMS crisis and the overshooting appreciation of the D-mark between 1992 and 1995.

The subsequent restrictive monetary policy led to relative currency stabilization, as shown by the figures on the reduction of inflation to its present level of about 21% per annum.

The starting point in any such process must always be the security of the State of Israel and the creation of an independent Palestinian State.

Firstly: does it make political and economic sense to apply the sort of restrictive monetary policy which the ECB applies and which is more restrictive than the FED?

Inflation has thus proved again to be one of the main enemies of the Community economy and has once again highlighted the importance of the restrictive monetary policies which have been adopted in most of the Member States and which were marked by a new upturn in interest rates at the end of December.

A policy of budgetary expansion would then stimulate the economy, while restricting monetary policy would keep domestic interest rates high enough to attract capital inflows.

The disinflation process which has constituted one of the striking aspects of the present phase of expansion has stopped throughout the Community.

None the less, the rapid increase in public sector deficits during the 1970s, a high and variable rate of inflation, as well as a considerable lack of balance in the external accounts, pointed to the need for a restrictive monetary policy which would have caused substantial interest rate instability.

Hence, in these countries, apart from conducting restrictive monetary policies, wage increases should remain moderate and public finances should improve further.