Sentences with phrase «euro area monetary»
And these are the powerful headwinds the U.S. and euro area monetary policies are working against.
https://www.cnbc.com/ Not exact matches
The European Central Bank (ECB) dropped its easing bias on Thursday, fueling expectations that it will normalize monetary policy in the euro area.
In view of this, it is puzzling that these countries complained about «currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their currencies, when, in fact, the real and the rupeewere falling against the dollar and the euro.
Valdis Dombrovskis, vice-president of the European Commission, said that the EU should not wait for another crisis to deepen economic and monetary policies to strengthen the resilience of the euro area.
Its monetary policy has no traction because the euro area's weak, undercapitalized and, in many cases, utterly dysfunctional financial system is incapable of funding businesses and households.
In addition, the Governing Council announced it would purchase asset - backed securities with underlying assets consisting of claims against the euro area non-financial private sector and euro - denominated covered bonds issued by monetary financial institutions (MFIs) domiciled in the euro area.
«Data in the euro area, and even Japan, matter as much as economic strength in the US economy if the Fed is to be successful in removing monetary accommodation for next year or two.»
U.S. Dollar strength and disinflation, supported by the ongoing oil price collapse, are providing headwinds for the metals; on the other hand, a recent rise in fear in the euro area, combined with continuing loose monetary policies, result in favorable conditions.
Thus far in 2005, the dollar has risen back to around 1.30 against the euro, in part reflecting the fact that the US federal funds rate has now risen above the monetary policy rate in the euro area, as well as comments from European officials expressing concerns about the extent of the appreciation of the euro.
Markets also expect the monetary authorities in the euro area and Japan to keep policy rates at their current low levels for some time.
The Court held that objective of the stability mechanism, namely to «safeguard the stability of the euro area as a whole», is «clearly distinct» from the objective of monetary policy, that is, to maintain «price stability».
As stated by Mario Draghi, President of the ECB, the objective of OMTs is to safeguard the monetary policy transmission mechanism in the euro area.
Even though the stability of the euro area may have repercussions on the stability of the currency used within that area, an economic policy measure can not be treated as equivalent to a monetary policy measure for the sole reason that it may have indirect effects on the stability of the euro.»
«-LSB-... t] he objective pursued by [the ESM], which is to safeguard the stability of the euro area as a whole, that is clearly distinct from the objective of maintaining price stability, which is the primary objective of the Union's monetary policy.