translate English to French: It was therefore to be hoped that the adverse effect of tighter monetary policies would not be too strong, although a number of other risks to the world economy were likely to lead to slower growth the following year, one being the jobless economic recovery which had taken place to date.
On espère donc que les effets néfastes de politiques monétaires plus restrictives ne seront pas trop forts, même si divers autres risques qui menacent l'économie (dont le redressement non générateur d'emplois qui s'est fait jusqu'ici) conduisent à une croissance plus lente l'an prochain.