Word: dampens
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...further dampen protest, the junta agreed to allow some 10,000 foreigners to take refuge in havens operated by churches and voluntary organizations. However, those who have "committed some offense" will not be protected and will be subject to arrest even inside the sanctuaries...
Being Stingy. The Federal Reserve touched off this wild scramble as part of its complex plan to calm the economy's inflationary exuberance. For some time, the Fed has been trying to dampen borrowing by being stingy in doling out reserves to banks, and early in the summer, Board Chairman Arthur Burns abandoned his attempts to hold rates down by jawboning. The board then became worried that depositors would pull their funds out of banks and S and Ls in order to buy higher-yielding Treasury bills or commercial paper, leaving the savings institutions with no money to lend...
...made an emphatic point of reminding the councillors of the November election. Afterwards, Yetman hinted that some policemen may take leaves of absence to run for political office while the union would endorse candidates. However, anti-police feeling stirred in working class areas by the Largey incident will probably dampen the union's influence this year...
Double Risk. Jointly, singly or in combinations of countries, the non-Communist world now seems to be moving, at least temporarily, toward floating currency values. Moneymen long believed that such a system would create enough confusion to dampen the desire for international investment. Because no one could be certain, for example, how many Swiss francs a dollar would be worth on any given day, the investor would not only have to take a risk on his project but also on the currency transactions necessary to finance it. Thus the usual practice for the past 25 years has been for governments...
...effective way for a nation to dampen currency speculation is to "float" its currency, allowing supply and demand to determine its price in terms of other money. But though they were in the eye of the hurricane last week, West German officials were strongly opposed to taking that step on their own, since it would change the mark's value not only in dollars but also in French francs, Dutch guilders and British pounds. Instead, the Germans favored a combined float of all nine Common Market currencies. The currencies would be kept on a fixed parity with each other...