Critics of Greenspan's tight money policies complained that the Fed is acting without any evidence that inflation, outside of energy prices, is starting to become a problem.
32.
With its tight money policies, the government reduced inflation to 22 percent last year, by far the lowest rate since free market reforms started 5 years ago.
33.
Mexico has proposed its most austere budget in 20 years, and a tight money policy to lower 15 . 7 percent inflation will mean more sluggish growth.
34.
The package includes budget cuts and a freeze in public sector wages, as well as backing for the Central Bank's tight money policies to protect the currency.
35.
More recently, the government has confronted political attacks on its economic program, especially the tight money policy and strict federal spending limits championed by Finance Minister Antonio Palocci.
36.
She pursued tight money policies when she was in charge of the Central Bank, and that helped Russia bring down inflation until the latest economic crisis hit in August.
37.
Price rises and a tight money policy have pushed the value of Cuba's peso to a level of 35 per dollar, up from 120 to the dollar last year.
38.
More important, the government's will for the tough budget cutting and tight money policies required to bring inflation under control has finally manifested itself, after years of voodoo economics.
39.
The inflationary spiral has worsened in recent months, despite government price ceilings and a tight money policy, because local governments continue to spend to keep ailing state enterprises afloat.
40.
Dubinin, who will serve a four-year term, has vowed to continue current tight money policies but he has called for greater openness in the work of the Central Bank.
