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The European Central Bank left its key interest rates unchanged Thursday, maintaining accommodative policy as the euro zone struggles to pull itself together after nearly two years of contraction.
Contraction
NOUN:
*The act of contracting or the state of being contracted.
*A word, as won't from will not, or phrase, as o'clock from of the clock, formed by omitting or combining some of the sounds of a longer phrase.
*The formation of such a word.
*Physiology The shortening and thickening of functioning muscle or muscle fiber.
*A period of decreased business activity.
No? Oh well, I'll laugh anyway.
formerly known as etaoin...
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