contractionary
Reducing economic activity
Contractionary describes policies or conditions that shrink economic activity.
A contractionary monetary policy raises interest rates to slow spending and curb inflation.
Contractionary fiscal policy reduces government spending or raises taxes.
The term appears almost exclusively in economic contexts, paired with its opposite, expansionary.
Central bank economic controls
- fiscal policyState spending and taxation
- interest ratesPrice paid for borrowing
- central bankNational currency management institution
- Federal ReserveUS central banking system
credit squeeze · credit control · discount rate · deflationary · hawkish
Decrease in size
- reductionMaking something smaller
- declineDecrease or refuse
- diminutionReduction in size
- curtailmentAct of reducing scope
compression · narrowing · constriction · abatement · lessening · dwindling · erosion · shortening
Reducing governmental expenditures
- budget cutsPlanned spending reductions
- fiscal disciplineControlled government spending
- belt-tighteningReducing expenditures deliberately
- welfare cutsReductions to public assistance
fiscal restraint · deficit reduction · means testing · spending freeze
Economic decline period
- slumpExtended period of decline
- slowdownReduction in pace
- stagnationAbsence of flow or progress
- depressionProlonged low state
bust · bear market · credit crunch · economic decline · negative growth · hard landing · recessionary
monetary policy
Central bank economic controls
- fiscal policyState spending and taxation
- interest ratesPrice paid for borrowing
- central bankNational currency management institution
Federal Reserve · credit squeeze · credit control · discount rate · deflationary · hawkish
shrinkage
Decrease in size
- reductionMaking something smaller
- declineDecrease or refuse
- diminutionReduction in size
curtailment · compression · narrowing · constriction · abatement · lessening · dwindling · erosion · shortening · retrenchment
spending cuts
Reducing governmental expenditures
- budget cutsPlanned spending reductions
- fiscal disciplineControlled government spending
- belt-tighteningReducing expenditures deliberately
welfare cuts · fiscal restraint · deficit reduction · means testing · spending freeze
downturn
Economic decline period
- slumpExtended period of decline
- slowdownReduction in pace
- stagnationAbsence of flow or progress
depression · bust · bear market · credit crunch · economic decline · negative growth · hard landing · recessionary
contractionaryexpansionary
Promoting increase in size
stimulative · accommodative · loose · dovish · pump-priming
contractionaryexpansionary
Promoting increase in size
expansive · expanding · enlarging · growing · expansionist
contract, contraction, contracted, contractor, contracts, contracting, retraction, contractual, contractually