Telmex's second major problem is the tight-money policy.

Analysts credit the taming of inflation to the tight-money policy that the Fed pursued through the spring.

He said that such stability had deeply impressed Western officials and that he would try to continue a tight-money policy.

Some analysts fear that the tight-money policies could restrain the economy too much and push it into a recession.

He argued that tight-money policies brought about by the euro were the real reason that European unemployment mostly remains high.

More people expect that a tight-money policy will safeguard their investments.

This downturn has mainly been the result of tight-money policies.

There are some tentative signs, however, that the Fed may be considering curbing its tight-money policy.

The economy was restored since the tight-money policy was over in 1982.

But today, neither the German Government nor its central bank showed any signs of changing their tight-money policy.