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What's the meaning of "losing one's bite'? I can't find the entry in dictionaries. If monetary policy is **losing its bite**, the onus falls more firmly on fiscal policy to rescue China’s economy.
21. Aug. 2022 05:35
Antworten · 3
1
I should have said it is losing its effectiveness not it has lost its effectiveness
21. August 2022
If monetary policy is **losing its bite**, the onus falls more firmly on fiscal policy to rescue China’s economy. In the sentence that you gave, " losing its bite" simply means that it has lost its effectiveness
21. August 2022
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