Sentences with phrase «for central bank credibility»

Moreover, reversing the direction of policy would hardly be helpful for central bank credibility as the central banks around the world who raised rates and then were forced to reverse themselves have discovered.

Not exact matches

Lacker said he was concerned the economy could heat up enough for inflation to get above the Fed's 2 percent target, hurting the central bank's credibility.

I think our board, although unusual amongst other boards, there are very few if any other central banks that have this kind of a board, but in our country, for this kind of filter to be applied to the decision process, I think adds to the credibility, to the legitimacy that the whole process has in the eyes of ordinary people and that's very important.

That marks an important shift for a central bank whose credibility had been threatened and was seen at risk of mimicking the Bank of Japan's long, losing battle with deflatbank whose credibility had been threatened and was seen at risk of mimicking the Bank of Japan's long, losing battle with deflatBank of Japan's long, losing battle with deflation.

Central banks will try everything to avoid or reverse a deflationary collapse in paper asset markets because a deflationary collapse is «game over» for their credibility, governments, and politicians.