Word: tightenings
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Dates: during 2000-2009
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...many mistakes,” Murphy said. “We play like a young team sometimes, and we can get away with that maybe in the first couple of games as an alibi, but there’s no excuses for it. We’ve got to tighten things up. We’ve got a long way to go as far as I’m concerned...
...steep bounce driven by fiscal fixed investment is a good thing for China," adding that the current loose monetary policy should shift to neutral. On Thursday, Hong Kong's Hang Seng Index dropped by 0.5% and the Shanghai Composite Index fell 0.6% on concerns that China would begin to tighten monetary policy in response to fears of expanding bubbles in real estate and financial markets. (See pictures of China's infrastructure boom...
...sized firms in the south, which are usually private owned. The result is that while profits are climbing for large, state-owned firms, the private sector is lagging. "The biggest challenge for the authorities is that the private sector has yet to fully recover. This makes it difficult to tighten early," Ben Simpfendorfer, a Hong Kong-based China economist for RBS, wrote in a research note. "It also funnels money into equity and housing rather than the real economy. The temptation will be to leave policy too loose, for too long, resulting in another asset price bubble...
...Bank of Australia Governor Glenn Stevens said in a statement, the central bank decided that it was now "prudent to begin gradually lessening the stimulus provided by monetary policy." Meanwhile, in other industrialized nations still suffering from high unemployment and yawning excess capacity, policymakers are in no hurry to tighten. In the U.S., the Federal Reserve has indicated that it won't act aggressively anytime soon on its key interest rate, which remains in a zero to 0.25% range. "It seems likely that the recovery will be less robust than desired," William Dudley, president of the Federal Reserve Bank...
...really, really pleased with our effort,” Farrar said. “These guys played a passionate, ass-kicking, fiery kind of water polo, and we [just] have to tighten it up. A lot of great things happened in this game...