The emergence of these cross-border flows may signal that traders are trying to get ahead of a global effort to tighten monetary policy after years of unprecedented stimulus. (business.financialpost.com)
If the bank were to tighten its monetary policy too quickly it could push the currency up even faster, in turn increasing the downward pressure on inflation. (us.beyondbullsandbears.com)
Each of these policies would help to raise short - term interest rates and limit the growth of broad measures of money and credit, thereby tightening monetary policy. (alephblog.com)