Markets have reined in their expectations for reductions
putting off efforts to rein in debt
giving industry free rein is also risky.
it’s now trying to rein things in by cutting $20 billion in costs
to rein: refrenar, frenar, controlar || tirar de las riendas
reins: riendas
to give free rein: If you give free rein to someone, le das mucha libertad para que haga lo que quiera.