Sentences with phrase «contractionary force»
It is apparent that the stance of monetary policy in place through the past couple of years has assisted the economy through the period when the contractionary forces have been at their most intense.
https://www.rba.gov.au/ Not exact matches
But it is extremely important to understand: it is the inflation - adjusted risk - free interest rate in an economy — the real interest rate that is neither stimulative nor contractionary when an economy is operating at full capacity without cyclical forces at play, thus balancing desired savings and investment.