Sentences with phrase «by policymakers in»

Using bitcoin as a point of sale transaction token in Bali is illegal, as per regulatory action taken by policymakers in the region back in December 2017.
There is a pretty significant literature on this, which has been almost entirely ignored by policymakers in recent years.
Since the ASD launched three years ago, it has been touted by policymakers in Tennessee and across the country as a promising approach for states looking to improve their lowest - performing schools — and criticized by some local educators and communities for not showing results quickly enough.
There is no admission by the government today or by policymakers in general that assisted suicide is socially and morally acceptable, largely because to an awful lot of people it simply isn't.
As of yet, none of these principles has been fully accepted by policymakers in the advanced industrial world.
The survey findings highlight an important factor being overlooked by policymakers in Washington: the economic contribution made by immigrants.

Not exact matches

In January 2015, when the central bank shocked investors by cutting the benchmark interest rates, policymakers were criticized for doing too little to prepare markets.
Policymakers from Australia to Singapore to South Korea have warned about investing in cryptocurrencies as bitcoin rallied a dizzying 19-fold this year, saying price surges are mostly driven by speculation that carried huge risks.
The Newspaper Association of America said in a statement in June it was «deeply disappointed» in Wheeler's proposal, saying it was «stunned that any policymaker in the internet era would propose to keep a 1970s - era law that prevents broadcast stations and newspapers from being owned by the same company.»
* The uncertainty being generated by U.S. trade tariffs is already hurting investment in the global economy and could do serious damage to world growth, European Central Bank policymaker Francois Villeroy de Galhau said on Tuesday.
Before policymakers and pundits conclude that the rise in student loans is the cause of the decline in rates of entrepreneurship among millennials — and decide that debt relief is the way to boost entrepreneurial activity among young people today — they should consider that waning interest in entrepreneurship predates the student loan crisis by many years.
In September, policymakers already put markets on notice by saying they decided to stand pat «for the time being, to wait for further evidence» employment and inflation were progressing.
The report's author, Professor Sir John Beddington, wrote that «commonly held negative perceptions surrounding HFT are not supported by the available evidence» but said that «policymakers are justified in being concerned about the possible effects of HFT on instability in financial markets.»
«I believe policymakers should have been much more aggressive in tightening policy and rejecting the fiscal impropriety associated with this most recent tax cut... The die has been cast by the Fed and other central banks and future policy prescriptions are predictable.»
All in all, we believe eurozone bond yields may move a little higher, but any increase is likely to be capped by the ECB's ongoing level of purchases, at least until policymakers start to signal their next steps on monetary policy later in the year.
The Initiative is informed by regular meetings of experts in the sector, policymakers and supporters engaged in the financial services sector, including financial intermediaries, securities market participants and their regulators, among others.
On Wednesday, President Donald Trump is set to unveil a framework for tax reform, building off work done by the so - called Big Six: a group of top tax policymakers in the Trump administration (Treasury Secretary Steve Mnuchin and National Economic Council director Gary Cohn), the Senate (Majority Leader Mitch McConnell and Finance Committee chair Orrin Hatch), and the House (Speaker Paul Ryan and Ways and Means Committee chair Kevin Brady).
Moreover, policymakers have been aggressive in supporting the economy by easing monetary policy and by implementing a large fiscal - stimulus program.
It is that «U.S. policymakers will prevent the drastic automatic tax increases and spending cutbacks (the fiscal cliff) implied by existing budget law, raise the federal debt ceiling in a timely manner, and make good progress toward a comprehensive plan to restore fiscal sustainability.»
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.
By explaining their rationale, policymakers departed from their previous practice and underlined Carney's interest in making the bank's decisions more transparent.
The continuing possibility that things could take a turn for the worse in the eurozone ought to be a concern for Canadian policymakers, according to a report released today by the C.D. Howe...
Greek Prime Minister Alexis Tsipras will meet senior European officials later in the day in Brussels, where he is expected to hear the terms of a plan drawn up this week by top policymakers including German Chancellor Angela Merkel.
But I would argue that nothing has really changed in policymakers» attitudes towards spending, that the federal fisc has been rescued by the happy accident of aggressive revenue collection and decent economic growth.
«It would be a mistake to think it would be just contained to Greece,» he said, noting that policymakers had been wrongfooted in recent years by contagion from the sub-prime debt crisis.
In a speech laying out the potential changes wrought by financial innovations, Lagarde also said that over the next generation, «machines will almost certainly play a larger role» in helping policymakers, offering real - time forecasts, spotting bubbles, and uncovering complex financial linkageIn a speech laying out the potential changes wrought by financial innovations, Lagarde also said that over the next generation, «machines will almost certainly play a larger role» in helping policymakers, offering real - time forecasts, spotting bubbles, and uncovering complex financial linkagein helping policymakers, offering real - time forecasts, spotting bubbles, and uncovering complex financial linkages.
Policymakers in countries across the globe face a dilemma: risk an economic crash by stepping away from their maligned economies, or provide their debt - addicted with another dose of stimulus.
Overall, our work suggests that stability in financial markets might be improved by considering how social, environmental and procedural factors such as the release of important financial information may impact the hormone levels of traders participating in those markets, and therefore could be of benefit to policymakers intent on developing more efficient institutions.
Automatic stabilizers offset fluctuations in economic activity without direct intervention by policymakers.
THE COST OF INSTABILITY By Justin Keay The full effects of recent upheavals and unrest in Turkey have not yet been felt, and policymakers have some serious work ahead to bring markets back in order and reassure investors...
The monetary policy debate over whether rule - like behavior is preferable to pure discretion dates back at least to Henry Simons in 1936.1 More recently, in their Nobel Prize - winning work, Finn Kydland and Ed Prescott demonstrated that a credible commitment by policymakers to behave in a systematic rule - like manner leads to better outcomes than discretion.2 Since then, numerous papers using a variety of models have investigated the benefits of rule - like behavior in monetary policy and found that there are indeed significant benefits.
With the unemployment rate dropping, Fed policymakers began tapering the $ 85 billion in monthly purchases, reducing them by $ 10 billion in December and again in January.
In conclusion, conducting monetary policy with systematic rules as a reference (but not as a guide) is favored by senior policymakers in respect to changing economic assumptions in a complex economIn conclusion, conducting monetary policy with systematic rules as a reference (but not as a guide) is favored by senior policymakers in respect to changing economic assumptions in a complex economin respect to changing economic assumptions in a complex economin a complex economy.
In recognizing the catalysts behind the public's persistence to save and reluctance to spend, additional analysis by policymakers should focus on the efficacy of further rate cuts on spending and investment, as well as potential «roundabout» benefits of a more normal rates regime to affirm support toward the public's saving objectives, with the end goal of boosting public's risk sentiment and perceptions of future economic stability.
Some policymakers responded to the global uncertainty and downside risks to inflation by revising down their economic projections, but a number of market participants went a step further to call the central bank's decision to begin policy normalization in December 2015 a «policy mistake.»
The main question now is whether this transformation will be permanent, or, as has been promised by policymakers of late, just a temporary blip in the history of banking that could soon go away.
That's the conclusion of a study released Monday by Navigant Research, which sells its in - depth surveys of energy and transportation markets to suppliers, policymakers and other industry stakeholders.
It was mentioned as a negative in the economic outlook prepared by the committee staff, and factored into the policymakers» economic outlook.
The June FOMC surprised on the dovish side as policymakers reacted to the unexpected slowdown in the labor market, renewed weakness in market - based inflation compensations, as well as rising likelihood of a «Brexit» by revising down their SEP «dots.»
The speech highlights the issues faced by Chinese policymakers in managing two major transitions in their economy at the same time.
As had been widely expected, at the ECB's meeting in late October, policymakers outlined their plans to reduce the monthly bond purchases carried out by the central bank as part of its QE program.
In February, Mexico's central bank launched a US$ 20 billion currency hedging program — broadly similar to a policy used in 2015 by Brazilian policymakers to stem a fall in the Brazilian real — which had the advantage of providing support for the peso without draining the country's foreign - exchange reserveIn February, Mexico's central bank launched a US$ 20 billion currency hedging program — broadly similar to a policy used in 2015 by Brazilian policymakers to stem a fall in the Brazilian real — which had the advantage of providing support for the peso without draining the country's foreign - exchange reservein 2015 by Brazilian policymakers to stem a fall in the Brazilian real — which had the advantage of providing support for the peso without draining the country's foreign - exchange reservein the Brazilian real — which had the advantage of providing support for the peso without draining the country's foreign - exchange reserves.
We concur with recent comments by Fed policymakers that US economic weakness seen in first - quarter data is likely to be transitory, and that activity should pick up over the rest of the year.
This authority is a wholly rational response to the gaping hole in our financial architecture evinced by the catastrophic Lehman failure, where policymakers» only alternatives were uncontrolled bankruptcy or taxpayer - financed bailout.
Regarding the path ahead for ECB policy, it seems likely adjustments to the central bank's bond - purchasing program will be discussed by policymakers at meetings in coming months, given the technical difficulties and political risks involved.
Chinese policymakers want to resurrect their reformist image among domestic intellectuals and the middle class by yielding more power to market forces to determine its currency exchange rate, which offers some compensation for July's aggressive, command - and - control intervention in the A-Share market.
Nevertheless, in light of the latest sluggish inflation figures and dovish comments by a number of Fed officials, there was increased skepticism among many market participants about whether policymakers would go ahead and implement another rise in interest rates before the end of the year, as indicated by the Fed's projections for monetary policy.
The continuing possibility that things could take a turn for the worse in the eurozone ought to be a concern for Canadian policymakers, according to a report released today by the C.D. Howe Institute.
«In a situation like Syria, plagued by civil war and lacking a functional government with which policymakers can negotiate, how can the United States best protect those fleeing oppression — religious or otherwise?
Congregational leaders will be significantly affected by the manner in which this issue is framed, since policymakers and activists make decisions based on what they think congregations can do.
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