tight money policy

基本解釋

The tight-money policy was also reducing the pressure on prices.
收縮銀根的政策也減少了價格壓力。
In the past, that rate would set the level of overnight interest rates in money markets and serve to measure how tight or loose the monetary-policy stance was.
在過去，這一基準利率通常會設定貨幣市場的隔夜利率水平，用來顯示緊縮或寬松的貨幣政策立場。
Federal Reserve Chairman Paul Volcker, first appointed by Jimmy Carter, deserves enormous credit for bringing inflation down to 3.2% in 1983 from 13.5% in 1981 with a tight-money policy.
吉米卡特時期提名的美聯(lián)儲主蓆保羅。沃尅爾堪稱居功至偉，他以貨幣緊縮政策成功地把通貨膨脹率由1981年的13.5%降低到1983年的3.2%。

Brazil, meanwhile, is struggling with an economic-policy cocktail that blends a strong currency, loose fiscal policy and tight money.
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But FDR worsened the financial collapse he inherited from Hoover by raising taxes, pursuing a tight money policy and failing to rescind the Smoot-Hawley trade tariffs.
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