Not exact matches
«There's evidence that currencies tend to fall
for countries that
ease monetary policy on a large scale... But the BOJ's
policy is not targeting currencies,» Kuroda said.
The BOJ currently makes the distinction because buying long - term government bonds
for monetary easing could bind its hands on
policy for longer than it wants and make a future exit from ultra-loose
easing difficult.
Rosengren however said there remains «strong rationale
for continuing our highly accommodative
monetary policy,» and he predicted inflation will remain «well below» the 2 - percent target over the next two years, paving the way
for more
easing.
As
for Fed
easings, I continue to doubt the effectiveness of easy
monetary policy in an environment where problem debt levels are unusually high and capital spending is retrenching.
An unexpected cut in January that was accompanied by a very dovish
Monetary Policy Report naturally set up expectations for further policy easing and now the Bank of Canada appears to be introducing monetary policy uncertainty on top of uncertainty surrounding the impact of the plunge in commodity p
Policy Report naturally set up expectations
for further
policy easing and now the Bank of Canada appears to be introducing monetary policy uncertainty on top of uncertainty surrounding the impact of the plunge in commodity p
policy easing and now the Bank of Canada appears to be introducing
monetary policy uncertainty on top of uncertainty surrounding the impact of the plunge in commodity p
policy uncertainty on top of uncertainty surrounding the impact of the plunge in commodity prices.
«The expected fiscal consolidation and the subdued nature of the recovery are putting in place the conditions
for the central bank to resume, in due course,
monetary policy easing in a manner consistent with the 4 percent inflation target.
European Economic Improvement Poses Dilemma
for Monetary Policy Europe finds itself in a relatively unusual situation in which the overall economic situation continues to improve, but the ECB has given definite hints it intends to ease monetary policy even fu
Policy Europe finds itself in a relatively unusual situation in which the overall economic situation continues to improve, but the ECB has given definite hints it intends to
ease monetary policy even fu
policy even further.
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.
When aggregate demand in the economy is weak,
for example, inflationary pressures are likely to be diminishing and
monetary policy can be
eased, which will give a short - term stimulus to economic activity.
The clamor is already building
for the European Central Bank to take further
monetary policy easing steps at its forthcoming governing council meeting on March 10.
Monetary policy was seen as an adjunct to fiscal
policy, but doubts remained about its potency; in «liquidity traps»,
for example,
easing monetary policy could be like «pushing on a piece of string».
Elsewhere in the Asian region, Indonesia, Korea, Malaysia, the Philippines, Taiwan, Thailand and Hong Kong all lowered official interest rates, while Singapore announced that it too would
ease monetary policy by lowering the target trading band
for the Singapore dollar.
Even though the Bank of Japan might be planning to
ease their
monetary policy, they really can't afford
for this graph to go too much lower.
This was most clearly reflected in short - term interest rates, which,
for much of the first half of 1998, had continued to factor in some possibility of an
easing in
monetary policy.
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The dollar strengthened following a surprisingly strong US employment report
for April, while the European Central Bank cut rates and hinted at more
monetary policy easing to come.
Recent events like the Scottish referendum and the election of Jeremy Corbyn, with his support
for «people's quantitative
easing», have got people talking about the purpose of
monetary policy and the nature of money itself.
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.
When one country tightens its
monetary policy (i.e., raises interest rates and / or contracts its money supply) while another is
easing (i.e., lowering interest rate and / or expands its money supply) or holding steady, this provides the opportunity not only
for carry — assuming the country tightening its
monetary policy has a higher - yielding currency to begin with — but
for capital appreciation as well.
In an exclusive interview with The Globe and Mail on the heels of the Fed's
monetary -
policy decision Tuesday - in which the central bank took a small step back into re-investing some of its own balance sheet to
ease monetary conditions - the influential bond manager gave a vote of confidence to the Fed's strategy, criticized the Obama administration and Congress
for a their lack of innovation and leadership, and argued that unless big government -
policy changes are made, the United States faces years of economic stagnation.
For example, if inflationary pressures were high and interest rates were moving up, the Fed could not predictably lower the Fed Funds rate by
easing monetary policy.
By December 2007, the Fed turned to unconventional
monetary policy tools, including credit
easing, quantitative
easing,
policy duration commitment, and payment of interest on reserves (see the appendix
for details).
By December 2007, the Fed turned to unconventional
monetary policy tools, including credit
easing, quantitative
easing,
policy duration commitment, and payment of interest on reserves (see the appendix
for details).