0 the activity of limiting the amount of money that people and companies are able to borrow by increasing interest rates:
Due in part to the European Central Bank's tight monetary policy, the biggest European economies have grown only sluggishly in recent years.
After the rate was raised from 15.5% last month, the tight monetary policy came under attack from business.
NYA ORD
European
May 10, 2021
DAGENS ORD
Shimmer
tight monetary policy