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were dampening

  • past progressive
    of dampen.
    dampen
    verb (used with object)
    to make damp; moisten.

Example Sentences

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High inflation and higher rates were dampening spending so that the "near-term economic outlook for the euro area has deteriorated, owing largely to weaker domestic demand".

From BBC Jul. 27, 2023

On Tuesday, the International Monetary Fund raised its 2023 global growth estimates slightly given resilient economic activity in the first quarter, but warned that persistent challenges were dampening the medium-term outlook.

From Reuters Jul. 26, 2023

Nordstrom Inc said on Thursday it would discontinue its Canadian operations and forecast annual revenue below analysts' expectations, signaling high inflation levels were dampening consumer spending on discretionary items.

From Reuters Mar. 3, 2023

Speaking at a Tuesday event hosted by the Wall Street Journal, Hassett said weaker growth forecasts in Asia and Europe were dampening investor outlooks.

From Washington Post Dec. 4, 2018

They have been claiming for months that their restrictive fiscal and monetary policies were dampening the expansion.

From Time Magazine Archive