Sentences with phrase «independent monetary policy»

A number of these nations have also adopted independent monetary policies.

In an unusual statement for a Prime Minister on independent monetary policy, he stated that the Bank of Canada would keep interest rates low.

The UK sovereign credit profile also benefits from the macroeconomic and financing flexibility that derives from independent monetary policy and sterling's status as an international «reserve currency».

In 1997 the Labour party handed over responsibility for setting interests rates and managing large parts of the economy to the Bank of England's independent monetary policy committee (MPC).

Again, attempting to control the exchange rate would mean giving up our independent monetary policy.»

«The GUIDES indicators that focus on some overall macroeconomic indicators,» Chisa recommends, plus «a few other topics that get you a lot of bang for the buck: British Colonialism, nations versus states, Dutch Disease (resource curse), Sovereign Wealth Fund, import substitution, current account balance, fiscal deficit, IMF austerity measures, and the «trilemma» of free - capital flows, independent monetary policy, and fixed exchange rates.»

Countries, Mundell observed, can not simultaneously enjoy the advantages of free capital movements, a stable exchange rate and an independent monetary policy.

You could have an independent monetary policy, or you could have an independent fiscal policy, but not both.

Those whose size or market development justify floating (i.e. those who will want to have an independent monetary policy, and have the institutions to make this feasible).

Otherwise, in the absence of the flexible exchange rate and independent monetary policy that we enjoy in the UK, the economic and political strains of deleveraging and balance sheet repair in the eurozone periphery may prove unbearable.

On top of these troubles, they lack an independent monetary policy, possess minimal fiscal maneuverability due to already unsustainable levels of public debt, and have to work under a marked sense of urgency due to painful and untenable unemployment rates.

I'm not suggesting a credit crisis now, but it is useful to keep a list of areas where caution is being thrown to the wind — I can think of a few areas: student loans, agricultural loans, energy loans, lending to certain weak governments with large liabilities and no independent monetary policy... there may be more — can you think of any?

Poloz provided insight into this decision earlier this year, when he stated that our nation's central bank runs its own, «independent monetary policy, anchored by our inflation target of 2 %.»