We have literally heard less about Osborne failing his own
central economic targets than we have about Ed Miliband eating a bacon sandwich.
Not exact matches
The Globe and Mail recently speculated that the mandate will remain largely the same, but that it may be amended «to include a forceful assertion of what he [Carney] calls «flexible inflation
targeting,»» or his right to respond to
economic shocks or dangerous buildups of credit by taking longer than usual to bring inflation to the
central bank's 2 %
target.»
In its announcement, the U.S.
central bank expressed a confident
economic outlook, saying that activity had expanded at a moderate rate and that inflation was nearing its 2 - percent
target.
Everything was fine after the
central bank announced that it had decided to leave its benchmark interest rate at 0.5 %, while stating that it had cut its outlook for
economic growth and indicating that it would take longer to achieve its inflation
target.
Some of these questions pertain to how aggressively a
central bank should strive to return inflation sustainably to
target in the face of other
economic forces.
In saying the Fed expected «moderate»
economic growth, «additional strengthening in the labor market» and inflation rising toward the
central bank's annual 2 %
target, Yellen appeared to be preparing financial markets for a potential rate hike after the
central bank's Sept. 20 - 21 meeting.
Economic data has also come back on the radar of investors who are contending with the potential for inflation to hit the Fed's 2 %
target range, raising the risk of the
central bank leaning toward a more aggressive hiking trajectory.
Because it directly reflects the Fed's two
central concerns — price stability and real
economic performance — nominal G.D.P. is a simple and sensible
target for long after the economy recovers.
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.
Some policymakers were concerned that inflation is not moving toward the
central banks» 2 %
targets despite recent upticks in
economic growth.
In December 2015,
Central New York was awarded $ 500 million in state
economic development assistance, $ 25 million of which was
targeted at pursuing initiatives that grow out of Consensus» work.
Local officials, charged with meeting aggressive
economic targets for their region's industry, tend to ignore national environmental regulations, covering up spills and building new power plants behind the backs of
central government regulators.
China Daily is more dramatic, reporting that «China will put in place carbon dioxide emissions
targets for its
economic and social development programs, the
central government has promised.»
This move ushered in by the country's
central bank is primarily
targeted at clipping the wings of the widely growing cryptocurreny market which is posing considerable threat to China's
economic controls and tight currency.