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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.
Aug 21, 2022 5:35 AM
Answers · 3
1
I should have said it is losing its effectiveness not it has lost its effectiveness
August 21, 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
August 21, 2022
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GotoBrazil
Language Skills
Chinese (Mandarin), English
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English
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