Sentences with phrase «in global monetary policies»

Our view on the major currency pairs (US dollar / euro, US dollar / yen, US dollar / Australian dollar) boils down to divergences in global monetary policies.

Not exact matches

If all goes well in the European Union, sensible monetary and fiscal policies should eventually reduce global anxieties related to the stability of sovereign debt among certain EU nations.

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.

The Fed has been a target of some conservative critics in the U.S. Congress, who say the bank risked sparking inflation with its easy monetary policies in response to the global financial crisis.

However, protectionism, unexpected rapid tightening of monetary policy in some countries, and geopolitical tensions in North Korea and the Middle East pose potential risks to global growth, Kuroda said.

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.

«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.

Staley also argued that global economic growth and monetary policy need to re-balance in order to prevent a distortion in the markets.

«Rates and inflation, even though they have ticked up, are still at very low levels relative to history, monetary policy is still easy, said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.

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.

«Inflation in the euro zone is still below target, there's no need to raise rates or to tighten monetary policy,» Willem Buiter, global chief economist at Citigroup, said at the World Economic Forum in Davos.

Switzerland caused havoc on global markets on January 15 when the Swiss National Bank abruptly shifted its monetary policy to allow the Swiss franc to increase in value.

Description: The October 2014 Global Financial Stability Report (GFSR) finds that six years after the start of the crisis, the global economic recovery continues to rely heavily on accommodative monetary policies in advanced econGlobal Financial Stability Report (GFSR) finds that six years after the start of the crisis, the global economic recovery continues to rely heavily on accommodative monetary policies in advanced econglobal economic recovery continues to rely heavily on accommodative monetary policies in advanced economies.

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.

In today's rapidly evolving global economy, monetary policy makers can not ignore the international dimension.

The fact is that policy actions — both monetary and fiscal — taken in the wake of the global financial crisis prevented what would have been a second Great Depression.

The global financial crisis, like the Great Crash of 1929, also reflected widespread regulatory shortcomings and other weaknesses in a number of countries.1 But it is likely that monetary policy played at least a contributing role in encouraging the buildup of leverage and asset prices in a fragile financial system.

Thus, when I reiterate that U.S. monetary policy is data dependent, that includes not just the information gleaned from important economic releases such as payroll employment and retail sales, but also how financial market conditions react to economic and financial market developments in the global economy.

Perhaps it makes sense to conclude with the more general observation that changes in the size of global capital flows and the accompanying imbalances increase the importance of sustaining the credibility of monetary policy, because they increase the costs of a loss of credibility or a negative shock to credibility.

Our Multi-Asset Solutions CIO Ed Perks, Head of Equities Stephen Dover and Templeton Global Macro CIO Michael Hasenstab recently recorded a podcast discussing the changing fiscal and monetary policy conditions in the year ahead.

Although this shift in U.S. monetary policy was inevitable at some point, it seems to have triggered a broad - based sentiment shift in global markets.

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.

He provided the illusion of competence in his orchestration of global monetary policy collusion — so long as no one looked behind the curtain.»

Finally, as a recent report from the Committee on the Global Financial System (CGFS) describes in detail, central bank monetary policies have a clear impact on the volume of repo.

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.

By Claire Milhench (Reuters)- Investors raised their equity holdings in April from March's five - year lows, taking the view that the global stock market rally will continue as long as central banks maintain their loose monetary policies, a Reuters poll showed on Friday.

In the meantime, gold continues to find support from global monetary policy and low to negative government bond yields.

Global monetary policy remains broadly accommodative — and in some areas more and more so — propelling equity markets ever higher and leaving a record amount of sovereign debt around the world (almost US$ 12 trillion by midyear) yielding at or below zero (source: Fitch Ratings, as of 6/29/2016).

This prolonged a surge in global financial markets over the last two years, occurring against a backdrop of low growth and unusually accommodative monetary policies in advanced economies.

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.

Also weighing on the dollar was the global economic upswing that has encouraged central bankers in Europe and Asia to take the first steps toward normalizing monetary policy after years of monetary stimulus.

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.

Also in 2015, divergence in monetary policies unsettled developed currency markets: the European Central Bank and the Bank of Japan continued quantitative easing programs while the Federal Reserve rhetorically led markets on a long, slow walk to the first increase in the fed funds rate since the global financial crisis.

In addition, commodities have struggled under the weight of a stronger dollar, a trend likely to continue given long - term global trends such as divergent monetary policies.

At least in part, this reflects lower - than - expected global growth and inflation, which has led to a prolonged period of very low interest rates and unconventional monetary policies in the major economies.

At the same time, global economic expansion and monetary policy normalization point to a gradual rise in bond yields over the next five years.

Like other central banks in advanced countries, the Bank of Japan (BOJ) adopted an unconventional monetary policy after the 2007 — 2009 global financial crisis (GFC).

Key monetary indicators in the United States, Europe, Japan, and China are flashing signals of an economic slowdown later this year, raising fears of a global recession in 2019 and a stock market slump without a shift in policy.

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 yeaIn 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 yeain 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.

The speech starts by setting out three key themes of the Bank's recent communication about Australia's transition from the resources sector boom to more normal economic conditions: that the sheer scale of the boom means that this transition is challenging, and that the broader global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances of success would be boosted by a lift in productivity growth and an increase in the expected risk - adjusted rate of return on investment.

In particular, it looks at how some of the most prominent changes to central banks» modus operandi have come as they sought to meet their monetary policy mandates in the exceptional circumstances seen during and after the global financial crisis of 200In particular, it looks at how some of the most prominent changes to central banks» modus operandi have come as they sought to meet their monetary policy mandates in the exceptional circumstances seen during and after the global financial crisis of 200in the exceptional circumstances seen during and after the global financial crisis of 2008.

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.

In this video we talk through the global monetary policy outlook and how it ties in with asset allocatioIn this video we talk through the global monetary policy outlook and how it ties in with asset allocatioin with asset allocation.

Global monetary policy has been too easy in recent years and that is why we have seen such a major run - up in a wide range of industrial commodity prices.

Franklin Templeton Fixed Income Group talks monetary policy, European politics in the April Global Economic Perspective.

The strategist, Richard Turnill, said it might be possible to view price movements in blockchain - based cryptocurrencies as influenced by the ultra-easy monetary policies put in place by central banks after the 2007 - 2009 global financial crisis.

Governor Stevens showed us his usual, steady hand in the BANK «s statement as he provided us with a global view that weighed heavily on Aussie monetary policy.

BlackRock Inc's (BLK.N) global chief investment strategist on Tuesday suggested that loose monetary policy may have aided speculation in digital currencies like bitcoin, but he said the risk to the broader financial system appears limited.