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.

youdao

我们预计，由于银根放松及通胀降低而带来的滞后的住户支出，2010年回暖的国外需求将得到加强。

We expect that a tepid recovery in external demand in 2010 to be reinforced by a lagged boost to household expenditure from monetary easing and lower inflation.

youdao

我们上次在2001年夏季对本分析报告进行了修正，致力于美元应该如何应对美国银根放松周期的结束这个问题。

We last updated this analysis in the summer of 2001, addressing the question of how the dollar should respond to the end of the US easing cycle.

youdao