In March 2001, George W. Bush's administration declared that climate science was «too uncertain» to justify action (such as ratifying the Kyoto treaty) that might put
the brakes on economic growth.
Solid economic conditions gave the Federal Reserve leeway to hike its base rate, the federal funds rate, without putting
the brakes on economic growth.
When the difference between short - term rates and long - term rates narrows (or outright inverts), it's an indication that the Fed could be on the verge of slamming
the brakes on economic growth to keep inflation in check.
Oil prices near $ 70 shouldn't put
the brakes on economic growth, however.
No, I'm not talking about the UK's just - published Royal Society report, which, among other things, recommends that developed countries put
a brake on economic growth.
Not exact matches
The global financial crisis initially slammed the
brakes on the nation's
economic expansion, wiping out about 20 million export - related jobs — this in a country where anything under 8 %
growth is generally considered to be too slow for social comfort.
I recently posted a «letter to the Fed» wherein I questioned the rationale for raising interest rates given a variety of
economic developments that I argued offer no compelling reasons to tap the
brakes on growth.
In his view, what happened
on Sept. 9 is «exhibit A» for what he expects to play out when central banks start to tap the
brakes on their aggressive policies to stimulate
economic growth.
U.S.
economic growth braked sharply in the third quarter as businesses cut back
on restocking warehouses to work off an inventory glut, data showed.
(Indeed, the absence of non-deficit reduction measures from the
economic narrative of some top Lib Dems is a
brake on the party's political
growth, but that's a topic for another day.)
They were designed to put a
brake on runaway population
growth, end poverty and encourage
economic development.
It promised not only a dramatic expansion of the administrative state and a huge increase in the regulatory burden
on American businesses, it threatened to put the
brakes on U.S.
economic output at a time when most economists think the U.S. will struggle to achieve even a meager two percent
growth.
Slower
economic growth has yet to put the
brakes on new community center development.
«U.S. business travel was poised for significant
growth in 2015, but the erratic performance of key
economic drivers caused some to tap the
brakes on additional travel spending,» says Michael W. McCormick, executive director of the Global Business Travel Association, in a statement.