To stifle, restrict, or control the rate of economic activity, such as growth, investment, or inflation.
It implies an intentional action to stop a trend from continuing too rapidly. Literal/Physical Context choke off
"Choke off" is a phrasal verb meaning to bring something to a sudden stop or end, similar to cutting off a supply or suppressing an action. It is often used to describe restricting financial growth, stopping a flow (like oil or water), or interrupting a person's speech or action. To stifle, restrict, or control the rate of
"Her screams were suddenly choked off ," or "The new regulations choked off the supply of new talent". Related Concept: Choking vs. "Choke Off" It is often used to describe restricting financial
It is important to distinguish this from the physical emergency of (foreign-body airway obstruction), which occurs when an object or food blocks the airway and stops breathing.