On balance, the Board decided at its February meeting to leave interest rates unchanged, while noting that the likelihood of further monetary tightening being required in the months ahead had increased. (rba.gov.au)
Mortgage rates have followed U.S. Treasurys higher in anticipation of higher rates of inflation and further monetary tightening by the Federal Reserve. (bpfund.com)
Thus «the most reliable indicator of the stance of monetary policy, nominal GDP, is already showing the contractionary impact of the Fed's policy decisions,» says Lacey, «signaling that its plan will result in further monetary tightening, or worse, even recession.» (human-wrongs-watch.net)