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To stifle, restrict, or control the rate of economic activity, such as growth, investment, or inflation. choke off
"Her screams were suddenly choked off ," or "The new regulations choked off the supply of new talent". Related Concept: Choking vs. "Choke Off" If you are looking for information on this
In older engines, the "choke" lever chokes off the air intake to the carburetor to help the engine start in cold weather. Figurative/General Usage Definition: To abruptly end a sound, voice, or action. Related Concept: Choking vs
"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.
"The central bank raised interest rates to choke off inflation."
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.