countercyclical
Adjective
Meaning
(public policy) Dampening the cyclical fluctuations due to the business cycle in an economy.
(economics) Moving in the direction opposite to that of the overall state of an economy.
The unemployment rate is countercyclical in the sense that it rises when economic growth is low and vice versa.
Antonyms
Related terms
Examples
According to him, prudent fiscal policy is generally “countercyclical.”
On March 16, when CNB cut its rate for the first time this month, it also revised an earlier decision to raise the countercyclical capital buffer and kept it at 1.75 percent.
In his words, countercyclical measures implemented by the government and the central bank have provided considerable support to the economy.
We think this quarter in particular really highlights the benefits of our countercyclical fixed income and mortgage warehouse lending platforms that are helping mitigate some of the headwinds that we're seeing across the banking industry.