Sentences with phrase «rein in inflation»

Those policies have now been reversed; significantly higher interest rates have been put in place to rein in inflation and restore financial integrity.

Although Deputy Governor Ben Broadbent went on the offensive to state that more rate hikes were necessary to rein in inflation, analysts remain sceptical that the central bank would do anything more to alter the current monetary policy until more clarity on the Brexit discussions emerge.

While it does rein in inflation, it also decreases economic output.

Not exact matches

The Fed for example fought a difficult battle with inflation in the 1970s, hiking interest rates to recession - provoking levels and eventually winning a war of credibility over its ability to rein in price increases.

ISTANBUL, May 3 (Reuters)- Turkish consumer price inflation jumped more than expected in April, data showed on Thursday, sending the lira to a record low on concern about the central bank's failure to rein in prices.

A higher rate of IOER thus serves as a substitute, when it comes to reining in lending, spending, and inflation, for reducing the total available quantity of bank reserves, as the Fed might do by selling - off some of the assets it acquired in the course of three massive rounds of Quantitative Easing.

WASHINGTON — So - called «piggyback» credit - score inflation schemes for mortgage applicants haven't been reined in, despite industry pledges to do so at the end of summer.

Volcker reined in the credit card companies in the early 80s, which was not a normal policy for the Fed; it had a drastic impact on the economy, but inflation slowed considerably.

Furthermore, one can see the surges in bank credit accompanying these periods and tie them to specific policy moves by the authorities: The Treasury stimulated inflation in the early 1900s; the Fed deliberately inflated in the roaring 1920s to take the pressure off the British pound (which had been devalued during World War I); the Roosevelt administration took the reins off inflation by debasing the gold - content of the dollar in 1933; zealous money printing in the 1960s led to the inevitable collapse of the Bretton Woods system (and complete fiat money was born); money printing continued apace with Alan Greenspan in the 1990s and, following the dot - com crash, into the 2000s.

What are being called piggyback credit - score inflation schemes for mortgage applicants haven't been reined in, despite industry pledges to do so at the end of summer.

Fearing inequality and social unrest, China's national government has struggled to rein in soaring property prices and stem the threat of inflation, even as ambitious local officials continue to draw up blueprints for new megacities.