Sentences with phrase «given inflation target»

Not exact matches

He gave no indication he would raise interest rates until data give him a reason to worry that inflation could approach 3 % — the outer limit of the central bank's target range.

«So too the Japanese yen, given the active efforts to weaken it through rhetoric, a higher inflation target, promises of future monetary easing, and a government adamant that it can bring inflation back.»

«Given our target of 2 %, the recent path of CPI inflation is uncomfortable to say the least,» acknowledged Paul Fisher, a member of its Monetary Policy Committee, in a speech in May.

He said warning about prices «might not be fashionable» give that inflation has been below target in recent years.

Given these positive surprises, and because monetary policy must be forward - looking to achieve our inflation target, Governing Council's discussions focused on three main issues: first, the extent to which recent strength is signalling stronger economic momentum in Canada and globally; second, how heightened levels of uncertainty, particularly about US tax and trade policies, should be incorporated in our outlook; and third, how much excess capacity the economy currently has, and the growth rate of potential output going forward.

Inflation targets have been very successful at maintaining price stability because they give everyone an easy way to understand monetary policy and, over time, create a virtuous circle in which realized inflation and expectations reinforce eaInflation targets have been very successful at maintaining price stability because they give everyone an easy way to understand monetary policy and, over time, create a virtuous circle in which realized inflation and expectations reinforce eainflation and expectations reinforce each other.

This is particularly important given that our monetary policy is based on inflation targeting.

With the benefit of hindsight, given the lower - than - expected inflation outcomes, this would have resulted in a significant undershooting of the inflation target.

In today's Real Time Economics newsletter, inflation hits the Fed's 2 % target, President Donald Trump gives trading partners another month's reprieve from steel and aluminum...

Another factor that gives me some confidence that the Fed will continue to hit the inflation target is the strength of the labor market.

Given these complications, the Bank is looking at how we measure core inflation as part of our regular review of our inflation - targeting regime.

Silverstein: And given the shift in technology and where you see inflation going, or how things have changed, is 2 % the right inflation target for the Fed and where did that come from originally, if you know?

I agree that central bank solvency is superficial unless the government insists on receiving a given level of income from the central bank, and the central bank is trying to meet some fixed price level or inflation target.

It would allow inflation to get closer to target and give employment and output more room to run.

That is, given the current state of the economy, and given the objectives for policy (the inflation target and a preference for avoiding undue instability in real GDP), the model can be asked: what is the path for interest rates over the relevant horizon which will minimise the variance of the objective variables around their targets?

As I am sure you know, Taylor rules are a simple formula which give a benchmark for the real short - term interest rate, conditional on the latest information about output relative to estimated potential output and inflation relative to the target rate (and conditional on an assumption of a so - called «neutral» real interest rate).

Suppose, for example, the Bank of Canada foresees inflation returning to its target over four years with a given set of CB actions.

Voting against the action were Richard W. Fisher, who believed that, while the Committee should be patient in beginning to normalize monetary policy, improvement in the U.S. economic performance since October has moved forward, further than the majority of the Committee envisions, the date when it will likely be appropriate to increase the federal funds rate; Narayana Kocherlakota, who believed that the Committee's decision, in the context of ongoing low inflation and falling market - based measures of longer - term inflation expectations, created undue downside risk to the credibility of the 2 percent inflation target; and Charles I. Plosser, who believed that the statement should not stress the importance of the passage of time as a key element of its forward guidance and, given the improvement in economic conditions, should not emphasize the consistency of the current forward guidance with previous statements.

Given these complications, the Bank is looking at how we measure core inflation as part of our regular review of our inflation - targeting regime.

Given the Mexican central bank's (Banco de México) target interest rate of 4.5 %, the decline gives some respite to the central bank's inflation targeting priorities.