Sentences with phrase «effective interest rate policy»

Not exact matches

«In such circumstances, fiscal policy may be called upon to provide stimulus, particularly since it is likely to be more effective at low interest rates,» Lane said.

Regulating the money supply through changes in interest rates — i.e. monetary policy — would be much more direct, which could mean it's more effective and cost - efficient.

In such circumstances, fiscal policy may be called upon to provide stimulus, particularly since it is likely to be more effective at low interest rates.

After years at the effective lower bound for short - term interest rates, economic conditions have finally warranted the start of U.S. monetary policy normalization.

Summers and other secular stagnation supporters argue that the level of interest rates needed to bring the economy back to full capacity is below the effective lower bound for monetary policy, so central banks are powerless to stimulate enough demand to use up excess supply.

The policy framework of the MAS is focused on managing the Singapore dollar's nominal effective exchange rate (NEER), or the trade - weighted exchange rate, against an undisclosed basket of currencies, rather than interest rates.

Instead of forcing a reluctant public to spend on the premise of substitution effect, a more normal rates regime would likely be effective to induce higher investment by aligning policy with the public's interest to meet future obligations.

Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.

Fiscal policy at low interest rates is also just more effective.

If she had added: «Plus, even though we are currently above the Effective Lower Bound on nominal interest rates (which is probably below 0 %) we are worried that the margin of safety is getting a bit small, and are pleased that fiscal policy is making that margin of safety a bit bigger than it otherwise would be» that would also be an internally consistent thing for the Bank of Canada to say.

A lower neutral rate also makes it more likely that interest rates will be constrained by the effective lower bound, meaning monetary policy will have less scope to support income growth during periods of economic weakness.

The Fed, which oversees the nation's monetary policy and sets interest rates, said U.S. currency is not a very effective transmission agent for germs.

Monetary Policy Experiments As investors substitute real capital assets for currency and government bonds, central banks find that manipulating interest rates becomes a less effective tool for managing the economic cycle.

NYLIAC guarantees that it will credit inteest at an effective rate of at least the minimum guaranteed interest rate stated on the data page of your policy to amounts allocated or transferred to the fixed accounts under the policies.

NYLIAC guarantees that it will credit interest at an effective rate of at least the minimum guaranteed interest rate stated on the data page of your policy to amounts allocated or transferred to the Fixed Accounts under the policies.

The new modern Universal life policies can be much more cost effective and affordable when you choose the version that does not offer the interest rate.

«The effective negative interest rate policy in the legal digital currency environment will make it possible that the central bank may no longer need to set the inflation rate buffer... theoretically the central bank's target inflation rate can be reduced....