Why may be necessary to reduce consumer spending in order to have faster economic growth?

Question

Economic question

Answer 1

Reducing consumer spending through contractionary monetary policy has te effect of stopping prices from rising further (inflation). If inflation is not kept in check prices will continue to rise. inflation is like a cancer to an economy. Once it has set in it causes a slow down in economic growth and reduces the value of the economys currency.

Answer 2

So that supply can catch up with demand. Also ensures more quality of goods & services vs quantity to meet immediate demands for the short term vs meeting those demands for the long haul.

Because consumer demand is mostly triggered by rising expectations of wants, not needs, which warps the market.