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"It is clear that the Fed is in a tightening mode," Mr. Fine said.
"The market knows that the Fed is in a gradual tightening mode," Mr. Acuff said.
"Indeed, the Fed will remain in a tightening mode until there are definitive signs that the economy is moderating to an noninflationary pace," Mr. Fine said.
"To the extent that you thought fiscal policy was in a tightening mode, you'd factor that into your forecast," said Mr. Kohn, now a fellow at the Brookings Institution.
Emerging markets seem to be in tightening mode; South Africa pushed up rates by half a point today (without boosting the rand) and India raised rates by a quarter-point yesterday (a move that did help the rupee).This tightening may be the delayed response to previous policy failures.
In Australia the central bank has been in a tightening mode.
Similar(53)
With consumers in belt-tightening mode and banks seeking mega-deposits to get on the property ladder, the show – fronted by Kirstie Allsopp and Phil Spencer – is set to be put on ice, reports the Sun.
Britain is in belt-tightening mode — currently going through the largest cuts to public spending since the cuts imposed during World War II — while broad-bellied America is still arguing over exactly just how tight the belt needs to be.
Organizers launched the inaugural CASE conference at a time when most of the national economy was in belt-tightening mode.
But relations between the presidents were knocked off course by al-Qaeda's attack on the twin towers a few days later; America went into shutdown mode, tightening its border among many other measures, and the moment was lost.Mr Calderón has not yet succeeded in extracting an invitation for a state visit to Mr Obama's Washington.
A lot of consumers are in belt-tightening mode and don't want to pay for express".
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