Sentences with phrase «achieve stable inflation»
The Fed's mandate is to achieve stable inflation and «maximum» employment.
http://www.canadianbusiness.com/ Not exact matches
But none of globalization's effects on inflation, not even the potential reduction in inflationary bias, diminish the importance of the principal objective of central banks: setting policy to achieve low and stable rates of inflation over time.
For the past quarter century, the Bank of Canada has had the responsibility of using monetary policy to achieve low, stable and predictable inflation, a goal cemented in our 2 per cent inflation target.
Low rates stem from tepid potential growth and central bank success in achieving predictable, stable inflation.
To conclude, over the past decade and in a very volatile world, Australia has achieved the inflation target, avoided a major economic downturn, seen remarkably little variability in real economic activity in the face of enormous shocks, experienced a fairly low average rate of unemployment, and had a stable financial system as well.
If matched properly, if properly regulated, there'd be no inflation / deflation problem while the dual mandate of maximum employment with a stable economy is achieved.
The Bank of Canada will continue to focus on what it does best: supporting the economic and financial well - being of Canada by achieving low, stable and predictable inflation; by keeping core financial market infrastructure safe; and by giving sound advice on financial sector policies so that vulnerabilities do not get in the way of sustainable, productive growth for all Canadians.
To achieve our monetary policy goal of low, stable and predictable inflation at the 2 per cent target rate, our economy should operate at, or close to, its productive capacity.
The central objective of policy, most mainstream economists believed, should be to achieve a low and relatively stable rate of inflation, since there were no permanent gains to be had from higher inflation.
The Federal Reserve has what is commonly referred to as a «dual mandate»: to achieve maximum employment (in practice, around 5 % unemployment) and stable prices (2 - 3 % inflation).
«In the last ten years we have achieved an almost unparalleled period of stable economic growth with historically low inflation - I want to keep it that way,» the chancellor said on this morning's Today programme.
An objective based strategy that aims to deliver 5 % above Australian inflation (before fees) over rolling three year periods without taking undue risk, so that the journey to achieving this objective is a relatively stable one.
The Federal Reserve has what is commonly referred to as a «dual mandate»: to achieve maximum employment (in practice, around 5 % unemployment) and stable prices (2 - 3 % inflation).