Emirates NBD research said in a report on Monday that this decline refers to the contractionary
of the Egyptian non-oil private sector, given that the headline figure was near from neutral 50.
Regarding fiscal and monetary policies, authorities are taking a contractionary
stance, though the year end outcomes are expected to be mixed.
While serving as an antidote to the rise in prices for individuals, the package will also stimulate the wider economy and reduce the contractionary
effects of the new prices.
0% , as the tax reform bill (which includes increases in VAT and corporate income tax) is likely to be contractionary
Recommendations address policies that can lessen the potentially contractionary
effects of fiscal consolidation, and promote both structural transformation and export diversification.
Considering the inflation rate, economists would describe the draft budget as an indication of the government's contractionary
policies for the coming year.
After posting largely contractionary
readings throughout 2017, exports in October reported their strongest expansion since 2014.
That expectation is based on our view that the federal funds rate remains somewhat below its neutral level - that is, the level of the federal funds rate that is neither expansionary nor contractionary
and keeps the economy operating on an even keel.
The current level of the real policy interest rate is contractionary
14 to raise the interest rate-a form of contractionary
monetary policy that (http://www.
monetary policy had the reverse effect, leading the credit-to-GDP ratio to rise as GDP fell more than credit did.
We also find that while contractionary
policy is significantly correlated with these firms' profitability and price multiples, it has different impacts on high leverage and low leverage firms.