Sentences with phrase «as price stability»

The question of whether central banks can use monetary policy to promote financial stability as well as price stability has re-emerged from time to time.

Not exact matches

As he prepares to leave his position in June, Dudley said in a speech that he feels confident that the policymaking Federal Open Market Committee is close to its objective of full employment and price stability.

Since the financial crisis it has become increasingly challenging for central banks to maintain price stability without compromising other political objectives, such as encouraging economic growth.

At the Federal Reserve, we implement policy to promote maximum employment and price stability, as the law under which we operate requires.

«Market fundamentals remain supportive, as crude oil prices are relatively rangebound, providing stability to customers as they evaluate projects,» said Baker Hughes Chief Executive Officer Lorenzo Simonelli in a statement.

The FOMC is charged with making monetary policy so as to promote maximum employment and price stability.

When asked if he was worried about U.S. shale producers ramping production and eclipsing the recent international cuts, Novak said, «Undoubtedly the joint action by many countries to achieve the balance and to reduce the output are aimed at giving stability to the market and as a result we see a great level of investment, lower volatility, prices stabilizing at a certain level, which does play out to move investment going into shale production so one needs to assess the overall supply and demand balance.»

He argued that the Fed's inflation record over the past 15 to 20 years has been as good as or better than central banks in Europe that have only a single price - stability mandate.

· Brevity and clarity: The form can be answered in less than an hour, without any high - priced assistance from a company's lawyer or accountant — and without disclosing confidential information on topics such as succession plans, customer history, and financial stability.

[As] concerns over rising food prices subsided [from the second quarter], political stability is now the second highest concern after recent high - profile demonstrations and as politics [dominates] the media headlines,» Richard Hall, country manager of Nielsen Malaysia, told CNBC in an e-mail intervieAs] concerns over rising food prices subsided [from the second quarter], political stability is now the second highest concern after recent high - profile demonstrations and as politics [dominates] the media headlines,» Richard Hall, country manager of Nielsen Malaysia, told CNBC in an e-mail intervieas politics [dominates] the media headlines,» Richard Hall, country manager of Nielsen Malaysia, told CNBC in an e-mail interview.

This boom in real estate prices, the rise in CPI inflation, as well as the desire of our monetary authorities to achieve price stability and impose inflation targeting, eventually led to the brisk intervention of the Bank of Canada.

You can see this sense of priorities — with medium - term price stability being the sine qua non, and our acceptance that inflation may vary a little over the course of the cycle — in the specification of the inflation target as being an average «over the course of the cycle».

For more than 20 years this framework as we have practised it has delivered the desired degree of price stability and has greatly contributed to overall macroeconomic performance.

Bond act as both a volatility - minimizer for those investors that can't stomach a large stock allocation and a source of stability during stock market sell - offs for either spending purposes or liquidity for those that need to rebalance into lower stock prices.

«If the outlook for the labor market does not improve substantially, the committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability,» the Fed's announcement stated.

The FOMC's annoucement after their meeting on Wednesday affirmed the Fed's QE3 policy, offering no changes, while stating, «If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability.»

In Australia (as in Sweden and Finland), the inflation target was adopted first by the Reserve Bank in 1993, as an operational interpretation of the price stability goal of its legislated mandate.

This Statement on the Conduct of Monetary Policy reiterated the Reserve Bank's broad goals stipulated in the Reserve Bank Act, and endorsed the inflation target as the practical interpretation of the medium - term goal of price stability.

The recognition that growth / employment outcomes were an important consideration for the central bank was initially seen as setting the RBA apart from other inflation - targeting central banks where the rhetoric (at least) reinforced the primacy of price stability.

The law applicable to the Fed names full employment before price stability as a goal.

Only as we became confident that the recovery was securely established, would I expect our monetary policy stance to evolve to ensure that it remained appropriate to achievement of our objective: maximum sustainable employment in the context of price stability.

Ideally, we would like (to pick up Alan Greenspan's definition of practical price stability) to see inflation kept low enough so as not to bias behaviour in these costly ways.

From a financial stability standpoint, I view the increased volatility as an important reminder to market participants that stock prices can be quite sensitive to economic data.3

It was in response to this trend, as much as anything else, that Fed officials this fall started talking about the need to maintain price stability — in this case, by trying to boost inflation.

Keep in mind that the ECB's main objective is price stability, ie to control inflation, as opposed to the Federal Reserve's dual mandate to strive for full employment as well.

Though I state in Part 1 that I believe bitcoin is a currency, as of the end of 2017 / start of 2018, it is much too volatile to even act as a currency, because price stability is necessary for any long - term currency.

Consequently, at this stage, it is a purely speculative asset and can not serve as a currency until price stability solidifies.

«Taking due account of the uncertainties and limits of its policy tools, the Federal Reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability.»

We regard the greater stability in commodity prices, along with a lessening of volatility in financial markets, as welcome, and believe it should provide a more stable platform for the global economy, where growth remains acceptable, if lower than desirable.

But the prescription offered by the Taylor rule changes significantly if one instead assumes, as I do, that appreciable slack still remains in the labor market, and that the economy's equilibrium real federal funds rate — that is, the real rate consistent with the economy achieving maximum employment and price stability over the medium term — is currently quite low by historical standards.

Even if we went through a time of slightly elevated inflation, the Fed shouldn't lose credibility as a guardian of price stability.

Most recently, though, on January 7, 2017, in a speech at the American Finance Association, you seemed to step out of that centrally casted character, almost coming across as an iron fist in a velvet glove: «The bottom line is that there has not been an excessive buildup of leverage, maturity transformation, or broadly unsustainable asset prices... Overall, I do not see leveraged finance markets as posing undue financial stability risks.

The below chart illustrates U.S. oil production (in gold) vs. FED's balance sheet (in blue), and how overproduction from accommodative monetary policy resulted in the sharp decline in oil prices, creating a systemic risk that was again transmitted from financial and commodity markets to the real economy (in job losses and slow growth in Texas and other oil producing states, as well as the decline in headline inflation, pushing the Federal Reserve further from the price stability objective):

As the economy or the Fed reverses the adverse inflation - rate trend back toward price stability, P / E will trough at its lows and begin the long climb that drives secular bull markets.

[2] Even the Federal Reserve, for which the dual mandate is most strongly set down and defended, articulates a numerical description of price stability and describes it as a goal.

The official goal of monetary policy, or at least one of them, was to achieve price stability being clearly defined as 2 % inflation (PCE Deflator).

The Committee will monitor economic and financial developments carefully and will act as needed to promote sustainable economic growth and price stability.

Calomiris proposes (1) internal governance reforms that would decentralize power within the Fed and promote diversity of thinking; (2) policy process reforms that would narrow the Fed's primary mandate to price stability and require the Fed to adopt and disclose a systematic approach to monetary policy; and (3) other reforms that would constrain the Fed's asset holdings and activities so as to avoid actions that conflict with its monetary policy mission and that risk undermining its independence.

And he repeated last December's official statement that the Fed intends «to maintain highly accommodative monetary policy as long as needed to support continued progress toward maximum employment and price stability.»

The results of statistical tests that use the Sound Money and Monetary Freedom indicators as independent variables should be checked against results that use raw inflation data, instead, or using tests that strip out price stability data altogether.

While price stability features very prominently in debating any central bank's monetary policy stance, financial stability is clearly emerging as an equally important factor.

Those who currently hold large amounts of bitcoin are advised to not sell yet, as the price will likely increase even more, considering the fact that the last couple of months have represented a period of stability and popularity rise for the digital currency.

Until the Parity multisig hack at the end of 2017, the DAO hack was the biggest Ethereum hack to date and the price of ETH collapsed as many wondered what this could mean for the stability of the coin.

It is required to have regard to activity and employment, as well as to price stability.

Those who argue against same - sex marriage on the basis of its potential to diminish the effectiveness of the institution as a solid foundation for social stability have not thought about the price we have already paid for this personal freedom, or the historical reality that most citizens of Western Nations have already chosen to pay it rather than choose the relative social stability / security of tribalistic collectivism.

Dairy products are New Zealand's largest commodity export and lower global prices are putting pressure on the nation's dairy farmers, weighing on the outlook for economic growth and putting dairy sector debt on the Reserve Bank's radar as a growing risk to financial stability.

In a speech to the AFR Banking and Weath Summit today titled «Synchronised swimming versus competition in banking», ACCC Chairman, Rod Sims, spoke about the findings of the ACCC's interim report relating to the Residential Mortgage Price Inquiry and data as a driver of competition and stability in the abnking sector.

They have charged fans with the highest ticket prices in Europe, stating financial stability as the main reason, but have consistently failed to give anything back to the fans in terms of trophies.

The Fisher - Price Giraffe Sit Me Up Floor Seat with Tray has a wide base for maximum stability, so baby can wiggle and play as they engage with their environment in a new way.

On the economic and business side, emphasis was put on the importance of being part of single European home market with access to over 250 million people for British business, industry, jobs, and future prosperity; greater bargaining strength in matters related to issues such as energy and trade negotiations; and the ability to take advantage of the Common Agricultural Policy with the price stability and guaranteed food supplies that it brought with it.