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Bobby Stevenson
2 July, 17:34
What is the tight money policy?
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Davin Rodgers
2 July, 20:01
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Tight monetary policy is a course of action undertaken by a central bank such as the Federal Reserve to slow down overheated economic growth, to constrict spending in an economy that is seen to be accelerating too quickly, or to curb inflation when it is rising too fast.
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