This followed a tightening in monetary policy that lifted the base rate from 3.5% in October 2003 to 4.75% in August 2004.

然而随后货币紧缩的政策又将2003年10月份3.5%的基础利率上调至2004年8月份的4.75%。

youdao

Hence the analogy that likens the conduct of monetary policy to driving a car with a blackened windscreen, a cracked rear-view mirror and a faulty steering wheel.

因此，有人将货币政策的实施比作驾驶一辆挡风玻璃变黑、后视镜破裂、方向盘失灵的汽车。

youdao

The central bank says that it will soak up the cash, for instance, by selling instruments of its own, so monetary policy will not be loosened.

中央银行说道，例如通过出售自己的债券，它将会迅速吸收大量现金，所以货币政策将不会放松。

youdao

On monetary policy, Roosevelt and the Congress decided that the dollar should no longer be tied to the price of gold.

VOA: special.2011.03.24

One form of monetary policy that the Fed does is they can change these reserve requirements.

美联储制定的一种货币政策形式是,他们可以改变法定准备金率。

耶鲁公开课 - 金融市场课程节选

It was something like a central bank but it was different essentially in that the National Banks really didn't have authority to run monetary policy.

它像是个中央银行,但是在本质上不同,因为国家银行真的,没有什么权力运行货币政策。

耶鲁公开课 - 金融市场课程节选

But Reagan exited office without the structural reform of monetary policy that he got with taxes.

FORBES: Reagan's Monetary History

Other factors, such as a flawed monetary policy that burdens businesses with unnecessarily high interest rates, hurt Mexico as well.

FORBES: Fact and Comment

The biggest problem at the moment for the sector is inflation and a tight monetary policy that is restricting lending.

FORBES: For India's $11 Bln Kotak Fund, Banks a Favorite