Assertion: financial condition | /r/CapableOf | tighten given the rise
Facets:
value: during the 2007-08 period
type: TEMPORAL
value: in the fed funds rate
type: OTHER
value: less than expected
type: OTHER
Source sentences:
text: In particular, the authors note that during the 2003-06 period, financial conditions tightened less than expected given the rise in the fed funds rate and, during the 2007-08 period tightened even as the Federal Reserve slashed its fed funds rate target.