Sentences with phrase «central bank policy point»

The global cycle and central bank policy point to higher interest rates ahead.

Not exact matches

The central bank's policy committee voted unanimously on Dec. 14 to raise its benchmark interest rate a quarter point to 0.5 %.

Before Yellen addressed the Economic Club of Washington, her counterparts in Ottawa released their latest policy statement, in which Canada's central bank said it was keeping its benchmark interest rate at 0.5 %, a quarter - point shy of the lowest level ever.

«Central banks are contemplating ever - more - exotic policy options,» says TD's Cooper, pointing to the growing interest in «helicopter money.»

Yellen turned the question around: «When you say that central banks kill them, the usual reason that that has been true, when that has been true, is that central banks have been too late to tighten policy and they have allowed inflation to get out of control and at that point they have had to tighten policy very abruptly and very substantially and it's caused a downturn.»

He pointed out that global economic activity is increasing, a tax cut could boost growth and the European Central Bank is implementing «absurd» stimulus policies in the euro zone.

The U.S. central bank's monetary - policy committee raised benchmark borrowing costs by a quarter percentage point to a range of 1.5 % to 1.75 %, in Jerome Powell's first meeting as Fed chairman.

If central banks can not create easy money and loose credit conditions then what is the point of central banks engaging in their policies?

While the government's policies have remained opaque, officials with the Russian Central Bank have talked about blocking the access of people inside the country to virtual currency websites, and Mr. Putin has pointed out the many potential illegal uses of the technology.

Case in point — after the European Central Bank (ECB) policy meeting this summer that quashed market expectations of an imminent ECB shift to normalize policy.

To shore up its currency, the Russian central bank increased policy rates by 150 basis points on 31 October.

Were the Fed to attempt to hike short - term interest rates another 25 basis points, it would be moving against the tide of global central bank policies.

But Taleb pointed us to the years of easy monetary policy brought on by central banks since the financial crisis.

MNI Fixed Income Bullet Points focuses on trading flows, shifting market sentiment and expectations, news driving the market, economic data, monetary and fiscal policy, key market levels, central bank market activity, and global capital flows.

US Federal Reserve (Fed) Chair Janet Yellen gave the clearest indication yet that the central bank is likely to start raising interest rates later this year when she said in a speech on July 10 that she expected it would be «appropriate at some point later this year to take the first step to raise the federal funds rate and thus begin normalizing monetary policy.»

The Swedish central bank has increased policy rates by 85 basis points to 3.75 per cent, while the Swiss authorities have increased their target band by 175 basis points to between 3 and 4 per cent.

Without going into the extensive limitations of such models or the longer - term implications for raising interest rates, we would just highlight that the impact of a 100 basis point move in policy rates in both central bank models are surprisingly similar in the short - term.

The continued contraction of the credit impulse as well as central bank policy normalisation, inflation expectations, fiscal deficit expansions, cross-asset correlations, and a lack of political reforms all point to a slowdown sometime in 2018.

As of late, the heads of two of the largest central banks in the world (the Fed and the ECB) have pointed to the fact that it is up to the politicians to enact policy to spur economic growth.

In terms, I think of inflation and bond markets, it took six, seven, eight, maybe 10 years of high inflation in the 1970s before you had Paul Volcker brought in to say «enough is enough,» and then again whether it's led by American monetary policy but similar moves in Europe, obviously in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to change their policy.

Other central banks to ease included the Bank of Canada which cut its policy rate by 25 basis points in July to 3.0 per cent, and the Reserve Bank of New Zealand, which cut a further 25 basis points to 5.00 per cent in July, after similar - sized cuts in April and June.

In Europe, the European Central Bank reduced its official interest rate in June by 50 basis points to 2 per cent; the Bank of England also lowered its policy rate in July by 25 basis points to 3 1/2 per cent; and official interest rates in Sweden declined by 75 basis points to 2 3/4 per cent in moves of 50 and 25 basis points in June and July.

Amid signs of stronger economic growth and a pick - up in inflation, as well as easier financial conditions, the Federal Open Market Committee, the policy arm of the U.S. central bank, is expected to raise its key federal funds rate in March by a quarter percentage point to a target range of 0.75 % to 1.00 %, says Ellen Zentner, Morgan Stanley's Chief U.S. Economist.

At this point in the cycle, the FOMC is ahead of almost all major central banks in loosening policy.

Case in point — after the European Central Bank (ECB) policy meeting this summer that quashed market expectations of an imminent ECB shift to normalize policy.

Yang, 64, who previously served as an economic researcher at the central bank in the 90s, pointed to the lack of impact by financial technologies on Taiwan's policies despite their rapid advent globally in recent years.