81. Traders are advising overseas clients to stop exporting, and banks are tightening credit because of delayed shipments, he said. 82. To bring inflation under control, the Chinese government has tightened credit and reined in excessive consumer spending. 83. Worried that high inflation would rouse public anger, the government began imposing price controls, tightening credit and restricting investment in fixed assets last year. 84. With banks tightening credit, it has become increasingly difficult for South Korean exporters to find such loans. 85. For economist Paul Boltz of T. Rowe Price Assiciates in Baltimore, the Fed will eventually have to tighten credit, although not necessarily on Tuesday. 86. Greenspan also hinted that a move by the Fed to tighten credit might be needed even before inflationary pressures became acute. 87. However, Hildegarde Zagorski of Prudential Securities, said the Fed still is likely to act next week to tighten credit in a further move to avert inflationary pressures. 88. In London stocks also declined early in the day on fears that the Fed would act to tighten credit in order to avert inflation. 89. Investors are said to fear that the US Federal Reserve will act soon to curb growth and inflation by tightening credit. 90. Investors were also concerned that the Federal Reserve would tighten credit to support the dollar. |