If it raises rates too quickly, the bank risks
choking off economic growth, falling short of its ideal inflation target of two per cent and could lead to the type of financial stability risk it's trying to avoid, he said.
Not exact matches
They include upwards revisions in
economic forecasts, expectation of monetary tightening, rising real and nominal long - term interest rates, fiscal stimulus on a huge scale in a full employment economy, rising protectionism that should
choke off import flows, and tax reform directed at reducing capital outflows and increasing capital inflows.
This outperformance is expected to continue as the Fed appears reluctant to risk
choking off the nascent
economic recovery by prematurely raising interest rates.
«This issue has now gone beyond Stephen Hester, this is about a prime minister who promised to rein in excess and says to the country in a time of austerity, when his
economic policies have
choked off growth, that we are all in it together - how hollow is his rhetoric in light of what we have just seen today.
«The government's
economic policies — spending cuts and tax rises that go too far too fast - have
choked off growth and led to record levels of unemployment, with youth unemployment soaring.»
It won't take long, though, to learn if it works or if it
chokes off ag
economic opportunities.
An
economic policy that
choked off the recovery — which is now the slowest for 100 years.
«Dealing with it requires
choking off fossil fuels, a top - down reorganization of
economic activity, and income redistribution.»
The price collapse, combined with the credit crisis,
choked off investment in new supplies and the Paris - based IEA has repeatedly warned the oil market could surge back, damaging still fragile
economic growth.
«Homeownership is the traditional way that households build wealth;
choking off this important wealth - building channel will likely contribute to growing
economic inequality.»