What does accommodating mean
The Federal Reserve adopted an accommodative monetary policy during the late stages of the bear market that began in late 2000.
When the economy finally showed signs of a rebound, the Fed eased up on the accommodative measures, eventually moving to a tight monetary policy in 2003.
Also, to overcome the recession following the 2008 credit crisis, an accommodative monetary policy was implemented and interest rates were cut to 0.5%.
Do you often find yourself saying, “yes” to things you truly do not want to do?
Note that these effects are most noticeable when the pupil is large; i.e. The age-related decline in accommodation occurs almost universally to less than 2 dioptres by the time a person reaches 45 to 50 years, by which time most of the population will have noticed a decrease in their ability to focus on close objects and hence require glasses for reading or bifocal lenses.
If the money supply is loosened for too long, there will be too much money chasing too few goods and services, leading to inflation.
To avoid inflation, most central banks alternate between the accommodative monetary policy and the tight monetary policy in varying degrees to encourage growth while keeping inflation under control.
A tight monetary policy is implemented to contract economic growth.
Converse to accommodative monetary policy, a tight monetary policy involves increasing interest rates to constrain borrowing and to stimulate savings.
The combination of these three movements (accommodation, convergence and miosis) is under the control of the Edinger-Westphal nucleus and is referred to as the near triad, or accommodation reflex.