As economic slack diminishes relative to current performance, the ratio will rise.
Not exact matches
Slower growth — a function of structural changes such
as an aging society — means
economic slack created in the last recession is being eroded at a sluggish pace.
Total CPI inflation remains near the bottom of the Bank's target range
as the disinflationary effects of
economic slack and low consumer energy prices are only partially offset by the inflationary impact of the lower Canadian dollar on the prices of imported goods.
As expected, the bank held its overnight rate at 0.5 percent, where it has been since July 2015, even as it trimmed GDP forecasts, saying downward pressure on inflation will continue while economic slack persist
As expected, the bank held its overnight rate at 0.5 percent, where it has been since July 2015, even
as it trimmed GDP forecasts, saying downward pressure on inflation will continue while economic slack persist
as it trimmed GDP forecasts, saying downward pressure on inflation will continue while
economic slack persists.
Core inflation is close to 2 per cent
as the transitory effects of the past depreciation of the Canadian dollar are roughly offsetting disinflationary pressures from
economic slack, which has increased this year.
Inflation is projected to be near 2 per cent through 2017 and 2018
as the temporary effects of higher consumer energy prices and lower food prices dissipate and
economic slack is absorbed.
* Information efficiency *
Economic slack * Coordinated central banks * The dominance of China and India and their increased purchase of US debt * USD and US assets
as a continued safe haven * Rates have been going down for 30 + years in a row, the trend is telling us we're more adept at managing inflation with each new cycle
With an energy - related rebound in inflation fading, signs of improving
economic conditions need to be put into perspective,
as the output gap across the region
as a whole remains large, and so does the
slack in its labor market.
With an energy - related rebound in inflation fading, signs of improving
economic conditions need to be put into perspective — despite the strong performance of Germany, the bloc's largest economy —
as the output gap across the region
as a whole remains large, and so does the
slack in its labor market.
By the end of the Assembly,
as Kenneth
Slack pointed out, «most of the members felt that there was more danger from undue stress on the evangelism of individuals than the other way round, despite widely expressed anxiety, given expression by Stott, that liberation in political, social and
economic sense was in danger of replacing salvation from sin at the heart of the redeeming gospel».73 There was no doubt that, despite the narrowing of the range of disagreements, important differences continued, especially with regard to the meaning of salvation and the program of dialogue with people of other faiths.
The GPS models the relationship between rates of core inflation and a broad set of
economic indicators including measures of
slack, inflation expectations, and other inflation - related data such
as business surveys and wages.