Sentences with phrase «about monetary policy in»

I have talked mainly about monetary policy in the context of inflation, with growth in activity and employment attracting less attention.

Jim Flaherty will have many opportunities to stay silent about monetary policy in the future.

Not exact matches

At Princeton, Al - Naji's interest in bitcoin led him to take courses in monetary history, where he spent office hours arguing with his professor about monetary policy, and the potential for decentralized currencies.

Gordon is curious about an untested policy called «price - level targeting,» which would refocus monetary policy on achieving an absolute increase in prices over time, rather than the current emphasis on the rate of change.

Specifically, there are concerns about what might happen should the tide turn in the bond markets when 30 years of falling interest rates reverses at a time when the Federal Reserve is preparing to tighten monetary policy by forcing rates higher.

President Mario Draghi gave little indication about the next steps for monetary policy in the euro zone during a speech on Wednesday ahead of a key meeting between central bankers.

Poloz delivered a lecture at the Canadian Economics Association's annual conference in Ottawa on June 4 that raised important questions about the relationship between monetary and fiscal policy.

«If it's described as an attack on the economy, it suggests that there's not a discussion about what might need to change in terms of monetary and fiscal policy,» he said.

Yellen won't take questions after she speaks at the Boston Fed this morning, but traders will be looking for any clues in her speech about her thinking on monetary policy.

Growing doubts about when the European Central Bank will normalize its monetary policy has hurt the euro against the dollar in recent weeks.

In his job as an activist at the Center for Popular Democracy, Barkan led a successful effort to get Fed officials thinking more about low - income Americans as they conduct monetary policy, often arguing against interest rate hikes in the face of high underemployment and weak wage growtIn his job as an activist at the Center for Popular Democracy, Barkan led a successful effort to get Fed officials thinking more about low - income Americans as they conduct monetary policy, often arguing against interest rate hikes in the face of high underemployment and weak wage growtin the face of high underemployment and weak wage growth.

The Fed must be «extraordinarily patient» about reducing monetary policy accommodation, he said, so the job market can return to the strength it had in 2006, before the financial crisis hit.

He has a theory about why the markets swooned: «Necessary changes in the stance of monetary policy removed the complacent assumption that «all bad news is good news» (because it brought renewed stimulus) that many felt underpinned markets.»

After weakening at the start of 2018, a rise in U.S. Treasury yields have helped the dollar stage a recovery in the past fortnight at the same time as doubts grow about when the European Central Bank (ECB) will tighten monetary policy.

UBS Chairman Axel Weber speaks about sentiment in markets and monetary policy from major central banks.

«The preferred solution, in the opinion of many of these countries, is for the United States to internalize the effects of its monetary policies — more specifically, not to exit or at least to do so at a time that is more convenient for others,» Deputy Bank of Canada Governor John Murray recently said in prepared remarks for a speech about the likely effects of the end of QE.

The Fed has long been turning away from QE and putting greater emphasis on forward guidance; in other words, trying to affect consumer and businesses behaviour by making promises about the future course of monetary policy.

The two - year note yield, which is the most sensitive to changes in Fed monetary policy, climbed higher to about 1.33 percent.

The solution then is inflation, in our arguments over the last week Nick and I disagreed about the various transmission mechanisms from monetary policy to the real economy (we also argued over the basic causes of the trap, the last sentance was my version).

So it seems to me the risk of the economy hitting the recession when monetary policy is not in a position to respond are much greater than they have been previously and therefore, we need to be very cautious about doing anything that would increase those risks.

Given these positive surprises, and because monetary policy must be forward - looking to achieve our inflation target, Governing Council's discussions focused on three main issues: first, the extent to which recent strength is signalling stronger economic momentum in Canada and globally; second, how heightened levels of uncertainty, particularly about US tax and trade policies, should be incorporated in our outlook; and third, how much excess capacity the economy currently has, and the growth rate of potential output going forward.

To measure the natural rate, I use a structural model described in Cúrdia et al. (2015) and incorporate the effects of forward guidance — monetary policy announcements about what path the interest rate is likely to follow.

What have changed are expectations about the monetary policy stance that would be appropriate in order to achieve those outcomes.

Overview The money market is the first step in the transmission of monetary policy and a key source of information on expectations about monetary policy.

Many investors have been surprised at the complacency in the markets given geopolitical risks (North Korea, for example), domestic political risks (tax reform, trade war, etc.) and central banks in the U.S., Europe and China either removing, or talking about removing, monetary - policy accommodation.

That means clarity about the objectives of monetary policy, how the Fed plans to meet those objectives in light of the economic and financial market environment, and how it formulates its responses to unforeseen circumstances that lead to revisions to its economic forecast.

The relationship between monetary policy and financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.

In the time I have, I will discuss how our thinking on the interactions between monetary policy and financial stability has been evolving, tell you about some interesting recent research by our staff and touch on some questions that have yet to be resolved.

But, in thinking about how to prevent financial crises, it's also natural to look at monetary policy.

My views about monetary policy are outlined in the latest issue of Research & Insight.

By conducting policy in a transparent way and communicating what is important in determining the central bank's reaction function, I think policymakers can strike the best balance between a monetary policy that fully incorporates the complexity of the world as it is, while, at the same time, retaining considerable clarity about how the FOMC is likely to respond to changing circumstances.

At a press conference Thursday afternoon, Fed Chairman Ben Bernanke fielded a number of questions from reporters about the open - ended nature of monetary easing, saying, «We're not going to be premature in removing policy accommodation... We're going to give it some time to make the sure the recovery is well established.»

The paper takes a close look at a critical aspect of how the Federal Reserve makes decisions about monetary policy: the rules and benchmarks that guide them in meeting their dual mandate of full employment and stable prices.

This set of monetary policies affects financial asset prices in a different way compared to changes in short - term interest rates, and we should be humble about what we claim about understanding the importance of this distinction.

Just as the events of the 1970s and emergence of stagflation throughout the industrial world, led to new policy paradigms, I believe that recent events will force us to develop new approaches to thinking about economic fluctuations and inflation which will, in turn, drive major changes in thinking about fiscal and monetary policy.

Analysts say markets are worried that Summers, who has said little about monetary policy but has sounded a skeptical note in the past about the impact of some of the Fed's efforts, might hit the brakes faster.

When it comes to thinking about what could be done, it's important to remember that monetary policy isn't the only game in town.

If we do need to move in the direction of giving asset price and debt developments more weight in the conduct of monetary policy than hitherto, we need to educate our respective communities about these issues.

Consider these risks before investing: The value of securities in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions, changes in government intervention in the financial markets, and factors related to a specific issuer, industry, or sector and, in the case of bonds, perceptions about the risk of default and expectations about changes in monetary policy or interest rates.

«What is striking at the moment is the lack of a broader consensus between policy makers about what monetary policy can achieve and what it should do in the current situation,» said Jan Bopp, asset allocation strategist at Bank J Safra Sarasin.

Mishkin noted «I am less optimistic about the prospects for core PCE inflation to move much below 2 % in the absence of a determined effort by monetary policy,» adding that «a substantial further decline in inflation would require a shift in expectations, and such a shift could be difficult and time - consuming to bring about.»

Concerns about global trade tensions between China and the U.S. and the fear that the stellar earnings could be as good as it gets for stocks are all combining to undermine the sort of confidence that was in abundance during last year's run of repeated records for equity benchmarks, as the U.S. economy enters it ninth year of expansion and as the Federal Reserve moves to normalize monetary policy from crisis - era levels.

There are a few other lessons we've learned about unconventional monetary policies in the past few years.

If growth can not be boosted by monetary policy, and fiscal policy is «in the hands of a plutocracy more concerned about immediate profits as opposed to long - term vitality, then no Genie or Flavor Flav with a magic clock can make a difference.»

In talking about monetary policy's contribution to the management of the economic challenges, the speech notes the recent increases in mortgage rates of the commercial banks, outside of the cycle of changes in the cash ratIn talking about monetary policy's contribution to the management of the economic challenges, the speech notes the recent increases in mortgage rates of the commercial banks, outside of the cycle of changes in the cash ratin mortgage rates of the commercial banks, outside of the cycle of changes in the cash ratin the cash rate.

What is great about nonprofit insurances is that it takes the guaranteed assistance to a level of commitment that helps those who are within these different policies and plans to have a better idea of just how they should be able to handle the monetary benefits that is guaranteed so that in the long run finances are left stable.

Also, with talks about Serbia being included in the European Union, the dinar's exchange rate with other major currencies will likely be affected by monetary policies from the European Central Bank.

In addition to expectations about monetary policy, liquidity concerns of banks related to Y2K may have influenced the pattern of short - term interest rates in recent monthIn addition to expectations about monetary policy, liquidity concerns of banks related to Y2K may have influenced the pattern of short - term interest rates in recent monthin recent months.

It is possible that a large part of the decline in implied volatilities of interest rates can be attributed to reduced uncertainty about the future path of monetary policy at that turning point.

Thus far in 2005, the dollar has risen back to around 1.30 against the euro, in part reflecting the fact that the US federal funds rate has now risen above the monetary policy rate in the euro area, as well as comments from European officials expressing concerns about the extent of the appreciation of the euro.