TERMIUM Plus®

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TIGHTENING MONETARY CONDITIONS [1 record]

Record 1 1995-04-19

English

Subject field(s)
  • Investment
  • Public Sector Budgeting
CONT

A gradual slowing in growth and inflation is still possible, an outcome predicted by a majority of private sector forecasters in the U.S. .There is, however, a substantial risk that the cyclical pattern that has characterized U.S. economic performance over much of the postwar period will be repeated - inflation pressures build and monetary conditions tighten until the economy experiences a sharp slowdown.

Key term(s)
  • monetary conditions tightening

French

Domaine(s)
  • Investissements et placements
  • Budget des collectivités publiques
CONT

Un atterrissage en douceur demeure possible et rallie la majorité des prévisionnistes du secteur privé aux Etats-Unis. On ne peut toutefois écarter le risque que le profil cyclique qui a caractérisé dans une large mesure l'évolution de l'économie américaine au cours de l'après-guerre ne se répète. En d'autres termes, on assisterait à une montée des tensions inflationnistes et à un durcissement de la politique monétaire, jusqu'à ce que l'économie subisse un ralentissement prononcé.

Spanish

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