Sentences with phrase «in central bank policy»

That said, to my mind neither a temporary acceleration in growth nor a moderation in central bank policy is enough to materially push long - term rates higher.

Option (e) remains extremely risky given the massive levels of outstanding government debt (and potential for fiscal crisis) and therefore low in probability in our view, but the idea came to the fore in investor consciousness after the BOJ held meetings with former FOMC Chairman Bernanke, credited for applying the idea of «helicopter money» to deflation - fighting in central bank policy.

There is usually some variance in central bank policy, says Lascelles, but not to the extent that we're seeing today.

Not exact matches

The Prime Minister's Office and the central bank declined to comment, and Finance Minister Bill Morneau said in a statement that he doesn't comment on the central bank's independent policy decisions.

The end of the money - for - nothing policy that the world's central banks put in place after the 2008 financial crisis is nearly in sight.

- Federal Reserve Bank of Atlanta President Raphael Bostic, Federal Reserve Bank of Kansas City President Esther George and Federal Reserve Bank of Dallas President Robert Kaplan participate in «Monetary Policy and Reform in Practice» panel before the Hoover Institution / Stanford University «Currencies, Capital, and Central Bank Balances: a Policy Conference,» - 0000 GMT.

MONDAY, MAY 14 OSLO - Central Bank chief Oystein Olsen participates in consultation on the implementation of monetary policy in the Storting's Financial Committee 1015 GMT.

Before Yellen addressed the Economic Club of Washington, her counterparts in Ottawa released their latest policy statement, in which Canada's central bank said it was keeping its benchmark interest rate at 0.5 %, a quarter - point shy of the lowest level ever.

«Central banks are contemplating ever - more - exotic policy options,» says TD's Cooper, pointing to the growing interest in «helicopter money.»

The Canadian policy statement also reiterated that the central bank expects economic growth has slowed in the fourth quarter, and that the economy won't regain altitude until sometime in 2016.

Given what central banks have been asked to do in recent years, it could be the most important economic policy decision the new government makes.

When the Central Bank «monetizes» debt it is acting in an ex-post manner that responds to fiscal policy.

In its policy statement, the central bank noted that «uncertainty about the future of NAFTA is weighing increasingly on the outlook.»

The freefall appears to be at an end, but the time required to rebalance excess supply with weak global demand «will likely take longer than previously anticipated,» the central bank said in its updated Monetary Policy Report.

Lane added some texture to the central bank's decision to increase interest rates, saying policy makers were encouraged by «widespread strength» in exports and business investment.

In terms of data, the European Central Bank released its latest monetary policy meeting accounts which showed some divergent opinions withing the bank's boBank released its latest monetary policy meeting accounts which showed some divergent opinions withing the bank's bobank's board.

The euro could rally Thursday afternoon in the aftermath of a monetary policy meeting from the European Central Bank (ECB), despite earlier reports suggesting a dovish stance from President Mario Draghi.

As far back as 2002, while vice minister, Kuroda used an opinion column in the Financial Times, co-written with his deputy at the finance ministry, to call for «aggressive monetary policy» from the central bank, including an inflation target, aimed at «drastically changing price expectations.»

The central bank's policy rate is already set in a range of zero to 0.1 percent.

At the time, Kuroda was urging the central bank to work with the government to defeat inflation - foreshadowing a joint reflationary policy that the Abe government and the BOJ signed in January.

Many in the central bank, including outgoing Governor Masaaki Shirakawa, are sceptical that monetary policy can impact public sentiment, so they do not buy into the idea that a change in policy would raise inflation expectations.

The central bank kept its inflation forecast for this year at 2.7 percent but said that some of its monetary policy committee members «moved a little closer» to their limits for tolerating an overshoot in the bank's inflation target.

He stopped publicly criticizing the central bank while in office, this person said, but was back at it in 2005, with his book, «Successes and Failures of Fiscal and Monetary Policy.»

A former member of the Bank of England (BOE) told CNBC it's «unwise» for the central bank to stick to a long - term policy strategy in case it gets wrong - footed by new economic dBank of England (BOE) told CNBC it's «unwise» for the central bank to stick to a long - term policy strategy in case it gets wrong - footed by new economic dbank to stick to a long - term policy strategy in case it gets wrong - footed by new economic data.

Jens Weidmann, president of the German central bank, said in a recent speech he fears that monetary policy will become increasingly subject to political influence.

The yield on the U.S. 10 - year Treasury jumped to its highest level since 2014 on Friday morning, underlining a wider move in bond markets caused by central banks moving away from financial crisis policies.

The difference between the two approaches is a subtle one in that the central bank's current policy tool - a 101 trillion yen ($ 1 trillion) program of asset buying and lending - also expands the BOJ's balance sheet, which at a third of GDP is a bigger proportion of the economy compared with those of the U.S. and European Union's central banks.

The European Central Bank (ECB) dropped its easing bias on Thursday, fueling expectations that it will normalize monetary policy in the euro area.

During the session, European Central Bank Chief Economist Peter Praet told a conference in Berlin that the ECB will not discuss an exit from stimulus but a policy recalibration.

The area's third - largest economy had appeared to be emerging from a long period of stagnation thanks to the European Central Bank's loose monetary policy, improvements in the balance sheet of its banks and the first fruits of Prime Minister Matteo Renzi's labor market reform.

The divergence in policy between the U.S. Federal Reserve and the Bank of Canada is happening: the Fed likely will raise interest rates at least a few times in 2017, while the Canadian central bank likely will do nothing at Bank of Canada is happening: the Fed likely will raise interest rates at least a few times in 2017, while the Canadian central bank likely will do nothing at bank likely will do nothing at all.

A television monitor shows Mario Draghi, president of the European Central Bank (ECB), speaking during a news conference to discuss monetary policy in Tallinn, Estonia, on Thursday, June 8, 2017.

Similarly, the euro, which briefly hit its lowest since March 15, was on track for its worst week in seven as investors this week have revised their expectations for when the European Central Bank will begin to tighten monetary policy.

'' (It) underlines the challenges for the CBRT (central bank) in managing the lira when Erdogan has tied both hands behind its back in terms of limiting its ability to hike policy rates,» Bluebay Asset Management strategist Timothy Ash said.

Seen as one of the most important members of the Fed's rate - setting committee, Dudley said the central bank was in no rush to tighten monetary policy.

Powell said individual Fed members will be crafting new projections at the central bank's meeting in March, which would be influenced by federal government's ambitious fiscal policies including tax cuts.

But the figures are further illustration of how even an ultra-loose monetary policy from the European Central Bank, which has driven the euro to a 12 - year low against the dollar this year, still hasn't created a self - sustaining recovery in the region.

I mean, never before in the last thirty years have we seen so much of economic activity dependent on, not just the Fed, but I would generalize it to central banks around the world and the very accommodative policies.

He has implemented a massive stimulus policy by cutting the central bank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchabank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchaBank of Japan's asset purchases.

The euro fell to a two - week low versus the dollar, for its biggest weekly drop in two months, as investors trimmed record high bets before a European Central Bank meeting next week where policymakers are largely expected to signal no change in policy.

Central banks, finance ministries and banking regulators in major economies make a concerted effort to talk to each other to share information and coordinate policies.

He warned before the financial crisis that inflation would cause a shock, and after the crisis that central banking policy would ultimately force a reckoning in stocks.

Growing doubts about when the European Central Bank will normalize its monetary policy has hurt the euro against the dollar in recent weeks.

It also was a rhetorical one: most central banks, including the the Bank of Canada, resort to explicit statements about their policy intentions only in the case of an emergency.

Nevertheless, when making interest rate policy in early March, BoC governor Mark Carney overlooked rising pressures on inflation and left the central bank's target for Canada's overnight rate at 1 %.

As a result, economists argue politicians should be doing everything possible to ensure the private sector in this country is strong enough to support the economy when stimulus dollars disappear and central banks tighten monetary policy.

«Given the downgrade to our outlook, Governing Council actively discussed the possibility of adding more monetary stimulus at this time, in order to speed up the return of the economy to full capacity,» Poloz said after the release of the central bank's latest policy announcement.

The Fed's latest policy statement shows the central bank remains on track to raise its benchmark interest this year, perhaps in September.

The BoE held its key policy rate at a record - low in June, despite inflation levels that sit well above the central's bank target.

«Tighter global monetary policy is needed in order to contain inflation pressures and ward off financial stability risks,» the Basel - based central bank of central banks warned in its most recent annual report.