Sentences with phrase «for global monetary policy»

As well as this change in the outlook for global monetary policy, another prominent theme in discussions of the global economy of late has been the slow growth in wages.

Not exact matches

Eight years after a devastating recession opened an era of loose U.S. monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most of the wounds of the global financial crisis.

While the Fed has indicated it plans to raise short - term interest rates, the uncertain domestic and global economies and the still - loosening monetary policy of central bankers in other countries suggests that rates could remain very low for a long time still.

Emerging markets also account for over 50 % of world GDP, and have been responsible for the lion's share of global growth ever since the 2008 financial crisis, but capital has flooded out of them as the Federal Reserve has tightened its monetary policy and the limits of China's economic model have become apparent.

The Fed raised its key overnight lending rate in December for the first time in nearly a decade, but it has backed away from further monetary policy tightening this year largely due to a global economic slowdown and financial market volatility.

The IMF cites a number of risks to their optimistic outlook for the next two years, risks that are more concerning for the medium term (2020 and beyond), including geopolitical strains, a sudden and severe tightening of monetary policies, waning popular support for global economic integration, and a move toward protectionist trade policies that would impact global trade.

This observation is important because it highlights the potential for an evolving global environment to complicate the challenge of crafting economic policy, and in particular, monetary policy.

Hector Valdez Albizu, Governor, Central Bank of Dominican Republic, spoke with Global Finance magazine editor Andrea Fiano about the country's fiscal and monetary policies, relations with the IMF and the road ahead for Dominican Republic's economy.

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

These predictions proved overly optimistic as oil prices, Chinese growth and global monetary policies weighed on stocks and the S&P only returned 1.4 % for the year.

The speech goes on to outline some of the economic surprises that came to pass in the intervening years, including: the «mining boom mark II»; the further significant rise and then subsequent fall in Australia's terms of trade; and the search for yield in global capital markets driven by ongoing ultra-easy monetary policy in the major economies.

Concerns about global trade tensions between China and the U.S. and the fear that the stellar earnings could be as good as it gets for stocks are all combining to undermine the sort of confidence that was in abundance during last year's run of repeated records for equity benchmarks, as the U.S. economy enters it ninth year of expansion and as the Federal Reserve moves to normalize monetary policy from crisis - era levels.

The Bank of Canada is applying lessons from the global financial crisis as it updates its framework for the use of unconventional monetary policy measures, Governor Stephen S. Poloz said.

According to Anna Stupnytska, global economist at Fidelity International, Jerome Powell's appointment as Fed chair represents policy continuity in the near - term and might even result in a slightly easier monetary stance than some other contenders for the role.

While base rates kept at or close to zero for almost seven years and three massive asset - buying programs by the Fed have undoubtedly helped stabilize the US (and world) economy during and after the recession that followed the global financial crisis, the continuation of expansionary monetary policies is now supporting a growing excess of global liquidity that has been distorting the market signals sent by stock and bond prices and thus contributing to the growing volatility seen in recent weeks.

The weaker overall outlook for global economic growth could prove the decisive factor in persuading the ECB to further ease monetary policy in a concerted effort to stop the eurozone's recovery from stalling.

Recently, the Bank of International Settlements (BIS), the principal bank to the world's central banks, hinted at the need for microeconomic reform when it warned that central banks were «overburdened» and called for policies other than monetary stimulus and low interest rates to tackle the issue of slow global growth.

In fact, the divergences in global economic performance — one of those being that U.S. monetary policy would tighten while European monetary policy would loosen — actually look very much like an explanation for what already happened last year.

After confronting the «knowledge problem» at the heart of discretionary monetary policy — that policymakers are unable to know the true structure of an increasingly complex and global economic system — Dorn calls for the establishment of a Centennial Monetary Commission to evaluate the performance of the Fed over its 100 - plus years of discretionary monetary authority and to discuss how best to reform the country's central bank.

I've long wondered that after four years of unprecedented monetary policy with still very tepid at best economic growth, just whether investors would lose faith in the Fed (and really global central bankers for that matter) and politicians.

To combat slowing growth, the global body calls for advanced economies to «maintain easy monetary policies.»

Back in the 1980's as Volker was practicing restrictive monetary policy, the emerging markets accounted for roughly 15 % of total global GDP.

Since the «taper tantrum» back in 2013, the prospect of the Fed easing monetary policy has been one of the top concerns for global market participants.

US monetary policy with its unending bias toward stimulus, since we are the global reserve currency (for now), pushes inflation out into the countries that lend to us and into the commodity markets as well.

The United States, for example, can not be isolated from the rest of the world, if it is to keep the dollar at the centre of the global monetary policy.

Stocks and riskier assets are not merely climbing the proverbial Wall of Worry; rather, at this moment in time, the ultra-accommodating monetary policy of global central banks is an unchallenged source for asset price inflation.

Huemmer noted a combination of factors driving the shift, including strong emerging - market performance, positive expectations for global growth, compelling valuations of international equities, and more accommodative monetary policy overseas.

Nanette Abuhoff Jacobson, Managing Director and Multi-Asset Strategist at Wellington Management LLP and Global Investment Strategist for Hartford Funds, has three inputs to her process: economic fundamentals, fiscal / monetary policy, and valuations.

We believe many emerging - market countries, most of which reformed their economic and monetary policies after the global financial crisis, appear well positioned for continued growth.

In 2018, central banks will start realising that monetary policy for a global market in cryptocurrency is not achievable.

James McCormack, Global Head of Sovereign Ratings at Fitch Ratings, discusses the outlook for global markets and monetary policy from various central Global Head of Sovereign Ratings at Fitch Ratings, discusses the outlook for global markets and monetary policy from various central global markets and monetary policy from various central banks.