Jean-Claude Trichet, ECB President, said last week that "strong vigilance" was warranted, a phrase used throughout the bank's 2005-08 rate - tightening cycle.
欧洲央行行长让-克洛德·特里谢(Jean - Claude Trichet)上周表示，有必要保持“高度警觉”——这是欧洲央行在2005-08年加息周期期间使用的一个措辞。
In contrast, the US Fed still pursued an accommodative policy of low, to effective negative interest rates up through the first half of the year, commencing its new tightening cycle in June.
相反的，美国联储直至去年上半年仍追随低息至有效的负利息政策。由六月份起始进行紧缩周期。
But faced with the growing likelihood of recession in Europe and the U. S., the RBA's cycle of tightening policy is almost certainly over, and with it the Aussie dollar's long run above parity.
但面临欧洲和美国再次陷入衰退的可能性与日俱增，澳大利亚央行几乎肯定要结束紧缩政策周期，澳元兑美元汇率长期在平价上方波动的趋势也将结束。
On the one hand, is in line with the world's major central bank to rescue the market, on the other hand, China is also a response to decline in the economic cycle, tightening monetary endogenous.
一方面，在与世界主要央行的目的是要拯救另一方面的市场，中国也是一个反应下降的经济周期，紧缩的货币内生。
But, for the record: the switch back to a tightening bias in July 1996, ending the minor easing cycle begun in June 1995, saw dollar strength extend.
但是。从记录的情况看：在1996年转回到一种紧缩的倾向，结束了始于1995年6月的小放松银根周期，使美元的实力得到了加强。
Tightening control during production and improving maintenance quality are effective means for ensuring the long-cycle operation of the unit.
加强生产过程控制和提高检修质量，是保证装置长周期运行的有效手段。
For example, a shift from easing back to tightening in mid-cycle, or the first easing move of a new easing cycle.
例如，在周期的中期从宽松回转到紧缩，或者一个新的银根放松周期的第一个放松的举动。
For example, a shift from easing back to tightening in mid-cycle, or the first easing move of a new easing cycle.
例如，在周期的中期从宽松回转到紧缩，或者一个新的银根放松周期的第一个放松的举动。
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