1. the use of public pressure or persuasion by a government official to influence private economic decisions
Usage: political/economic term

1. to use public pressure or persuasion to influence someone’s decisions
Usage: political/economic term

Examples

• The president’s jawboning failed to convince companies to lower prices.
• Federal Reserve officials engaged in jawboning to discourage risky lending.
• The mayor was jawboning local businesses to hire more workers.
• Critics argued that jawboning was ineffective without actual policy changes.
• The central bank’s jawboning helped stabilize currency markets.
• Politicians often resort to jawboning when they lack regulatory power.