Sentences with phrase «changes in monetary policy on»

Not exact matches

Gordon is curious about an untested policy called «price - level targeting,» which would refocus monetary policy on achieving an absolute increase in prices over time, rather than the current emphasis on the rate of change.

«If it's described as an attack on the economy, it suggests that there's not a discussion about what might need to change in terms of monetary and fiscal policy,» he said.

The 30 - day Fed Fund futures can be used as a guide to predict when the Fed might increase interest rates since the prices are an expression of trader's views on the likelihood of changes in U.S. monetary policy.

In contrast, the U.S. Federal Reserve is in the middle of a rate - hiking cycle although no changes to monetary policy are expected when the bank concludes a two - day meeting on WednesdaIn contrast, the U.S. Federal Reserve is in the middle of a rate - hiking cycle although no changes to monetary policy are expected when the bank concludes a two - day meeting on Wednesdain the middle of a rate - hiking cycle although no changes to monetary policy are expected when the bank concludes a two - day meeting on Wednesday.

Financial conditions affect households» and firms» decisions, so that the transmission of U.S. monetary policy to the real economy depends, to a large extent, on how changes in monetary policy help deliver the appropriate financial market conditions to support our objectives of price stability and maximum employment.

Almost all of the public discussion at the time on the appropriate setting for monetary policy focused on the inflation outcomes excluding the influence of the changes in the tax rate (Graph 4).

[5] Of course, just how the exchange rate reacts to a change in commodity prices will depend, among other things, on how monetary policy is expected to respond.

: I believe the nature of the change that I discussed at the outset — the shift from a reliance on monetary policy to fiscal policy — will engender shifts in market states on a more regular basis.

Such a change would reduce its influence, leaving it with a role in monetary affairs similar to that of other regional Fed banks, most of which only have a vote on policy every three years.

To have its broader effect, monetary policy relies on changes in the cash rate affecting other interest rates.

The ECB's monetary policy in September was a non-event, with the governing council neither making any changes to the existing policy nor adding new ones as they voted to leave interest rates and non-monetary policies on hold.

Early in the 20th century, the British economist John Maynard Keynes changed his position on monetary policy during the Great Depression famously stating,...

Measured across all loan products, and taking into account changes in customer risk margins, however, it seems that interest rates paid on average by small businesses have increased by a little less than the rise in interest rates directly due to the tightening of monetary policy.

From this vantage point, stability is really just a way of describing or qualifying «expectations,» which are a formal part of the way the Bank thinks about monetary policy and the transmission mechanism (i.e., how a change in the target for the overnight rate has an effect on the real economy).

Stock markets barely budged after the mixed speech by Draghi, and with no change in the monetary statement and the actual ECB policies, all eyes are now on the Fed's meeting later on this month.

I'm always dismayed, for example, by how confidently analyts and economists talk about the relationship between monetary policy and economic outcomes, when the fact is that the level of interest rates, changes in interest rates, and changes in the monetary base provide very little additional forecasting power for GDP, over and above forecasts based on lagged changes in GDP itself.

This makes China's economic reaction function somewhat difficult for market participants to anticipate, because reactions on changing economic conditions may come in the form of fiscal or monetary policy, or a combination of both (the «dual bazooka» approach).

As the traditional summer lull in market activity draws to a close, investor attention turns to key monetary policy meetings across the globe, kicking off with the European Central Bank meeting on September 7, which some commentators believe could see the announcement of a change in monetary policy approach.

We place a good deal of weight on the range of financial variables in the economy — monetary policy works, after all, by changing financial prices.

Competition spread more openly to the market for existing borrowers in mid 1996 when banks cut the interest rate on standard variable - rate loans independently of any effect on funding costs from a change in monetary policy.

Australia needs, over time, to lessen its dependence on foreign savings and reduce its vulnerability to destabilising changes in market sentiment towards it (which, of course, have implications for monetary policy).

In an exclusive interview with The Globe and Mail on the heels of the Fed's monetary - policy decision Tuesday - in which the central bank took a small step back into re-investing some of its own balance sheet to ease monetary conditions - the influential bond manager gave a vote of confidence to the Fed's strategy, criticized the Obama administration and Congress for a their lack of innovation and leadership, and argued that unless big government - policy changes are made, the United States faces years of economic stagnatioIn an exclusive interview with The Globe and Mail on the heels of the Fed's monetary - policy decision Tuesday - in which the central bank took a small step back into re-investing some of its own balance sheet to ease monetary conditions - the influential bond manager gave a vote of confidence to the Fed's strategy, criticized the Obama administration and Congress for a their lack of innovation and leadership, and argued that unless big government - policy changes are made, the United States faces years of economic stagnatioin which the central bank took a small step back into re-investing some of its own balance sheet to ease monetary conditions - the influential bond manager gave a vote of confidence to the Fed's strategy, criticized the Obama administration and Congress for a their lack of innovation and leadership, and argued that unless big government - policy changes are made, the United States faces years of economic stagnation.

And all the more so, given that the Swissy was out of commission as a safe - haven at the time, apparently because SNB Boss - Man Thomas Jordan was cited in a Bloomberg report as saying that even though there was «a certain decline in the franc's overvaluation, the franc remains highly valued» and that «The situation on foreign - exchange markets remains fragile,» which is why the «The SNB isn't thinking about changing its monetary policy» and will continue with its negative rates and its policy of intervening (* cough * currency manipulation * cough *) in the forex market.

The implications of these changes and monetary policy effects on the reverse mortgage market are discussed in this paper.

«Such a change would have fundamental implications on credit growth, financial intermediation, transmission of monetary policy, and role of (central) banks in general,» he warned.