Sentences with phrase «slight tightening of monetary policy»
Thirty - year fixed - rate mortgage interest rates will fall to about 6.7 percent by the end of 1999 and remain stable next year, despite the Federal Reserve's slight tightening of monetary policy beginning in the second half of 1999, he predicts.
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Gold is selling off as uncertainty grows about the identity and thinking of the next Fed chairman, about the efficacy of QE and about the world's tolerance to endure even the slightest tightening in the Fed's unprecedentedly easy monetary policy.