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But such a policy would mean that the adverse shock is reflected in a sharp fall in output.
This was reflected in a sharp fall in inflation to 12 percent in 1984 and down to 4.2 percent in 1986.
Last week, foreign secretary Jeremy Hunt said that a no-deal Brexit could result in a sharp fall in the value of sterling.
While equity and credit markets did rebound from their May-June dislocation, higher interest rates have hit the housing market quite hard, reflected in a sharp fall in the mortgage-refinance index, lower home affordability, and declining purchases.
Planning for power is one thing; exercising it quite another, especially when a country is in a hole as deep as Greece's.Syriza's programme, if fully implemented, will result in a sharp fall in revenues and a large increase in social spending.
All this has resulted in a sharp fall in the number of housing units built, from almost 30,000 a year in the early 1970s to around 5,900 in 1996 (see chart).On May 12th George Pataki, New York's Republican governor, unveiled reforms he hoped would please everybody.
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In particular, a sharp fall in house prices will be another blow to those about to retire.
In both countries GDP rebounded in 2010 after a sharp fall in 2009.
After all, producer prices were kept in check by a sharp fall in car prices a reflection of heavy discounting, which may be temporary.
Britain's factories suffered an unexpected slump in October following a sharp fall in the production of pharmaceuticals, electronic and computer parts.
The most important causes of the country's explosive growth in population were a sharp fall in mortality rates especially infant mortality and the traditional preference for large families.
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