Sentences with phrase «inflation hawks»
The phrase "inflation hawks" refers to people or policymakers who are concerned about or keep a close watch on the rise or increase in prices of goods and services, known as inflation. They take actions to prevent or control it because they believe high inflation can harm the economy. Full definition
«Even medical care, a rallying point for inflation hawks, has risen less,» exclaims Tran.
creditdonkey.com
Add to this the news that inflation hawk Loretta Mester was being considered for the post of Fed Vice Chair and that is all that is necessary to shake investor confidence.
Those appointed by President Bush are moderate inflation hawks, and will need to hear how the real economy is suffering before they decide to act.
Then, in the summer of 1979, with the inflation rate exceeding 10 percent, Carter appointed the inflation hawk Paul Volcker as Fed chairman.
«Unfortunately for the inflation hawks it's simply not strong enough, it's not a big enough pass - through to create its own unique policy directive,» said Richard Hastings, a consumer strategist at Global Hunter Strategies, of energy prices.
He was widely recognized as an inflation hawk, often criticized for focusing more on controlling prices than on achieving full employment.
Bernanke, the widely criticized chairman of the Federal Reserve, shot back Sunday evening at the inflation hawks who claim quantitative easing — the Fed's plan to buy $ 600 billion of Treasury debt over eight months, in hopes of boosting asset prices and nudging a sluggish economy forward — will send inflation soaring and destroy the dollar.
Plosser is one of the inflation hawks on the Federal Open Market Committee, placing more importance on keeping inflation low.
That means the inflation hawks will have to wait another day before they can rile up the troops with their talk of a quicker than expected tightening schedule from the Federal Reserve.
And while some inflation hawks would more likely call it a plank, one thing at least seems certain — more rate cuts from the Bernanke Fed.