Sentences with phrase «inflation objective»

Here it is important, in my view, for policy - makers to encourage markets to form their expectations on the basis of the central bank behaving consistently with its announced inflation objective.

«On the one hand, achieving the medium - term inflation objective of 1.0 - 3.0 % remains a priority for the RBNZ, but on the other hand, the RBNZ is still concerned about financial instability risks stemming from still - elevated house prices.»

At its present level, at least, he doesn't seem to think the euro threatens the medium term inflation objective.»

It makes me somewhat more confident that overall inflation will return to our 2 percent inflation objective over the medium term as long as the economic growth that I expect actually materializes.

Fed Chair Janet Yellen told reporters during her press conference that the economy has a bit more running room, but «we don't want the economy to overheat and significantly overshoot our 2.0 percent inflation objective.

The Bank will focus on the inflation and output consequences of any economic disturbance, including asset - price shocks, and will continue to respond in a manner consistent with meeting its long - run inflation objective.

In addition, with a clearly defined inflation objective, it is important that the Reserve Bank continues to report on how it sees developments in the economy, currently and in prospect, affecting expected inflation outcomes.

Inflation targeting establishes a transparent and credible commitment to a specific numerical inflation objective that provides a firm anchor for long - run inflation expectations...

In fact, the minutes note that «some participants viewed the actual and expected progress toward the [Fed's] goals as sufficient to call for a relatively prompt move toward reducing policy accommodation to avoid overshooting the [Fed's] unemployment and inflation objectives over the medium term.»

Core inflation is generally running below official medium - term inflation objectives.

For example, if people mistakenly concluded that the Fed was tinkering with its long - run inflation objective, this could lead to greater uncertainty about future inflation.

«We have been falling short of our inflation objective not just in the past year, but over a longer period as well.

Low longer - term inflation expectations, if allowed to become entrenched, would act as a restraint on actual inflation making it more difficult for us to meet our inflation objective.

First, it has two parameters — the long - term inflation objective and the level of potential output — that map directly to the Federal Reserve's dual mandate objectives.

At the present time there is no conflict between our employment objective and our inflation objective, as I expect inflation to be at or below our 2 percent longer - run objective over the coming years.

The Governor takes this opportunity to express his continuing commitment to the inflation objective, consistent with his duties under the Act.

For its part the Government indicates that it endorses the inflation objective and emphasises the role that disciplined fiscal policy must play in achieving such an outcome.

Its inflation objectives are far more precise than the residual measurement error.

It is quite possible for nominal wages to grow at a pace which is consistent with meeting the inflation objective, but still fast enough to close off opportunities for strong employment growth.

Applauding all the policies you agree with — after they've been implemented — does nothing to turn the dial towards a policy mix that you might think you need to achieve your inflation objective.

The Federal Reserve has stated an inflation objective of 2.0 % prior to raising rates.

However, if incoming information indicates faster progress toward the Committee's employment and inflation objectives than the Committee now expects, then increases in the target range for the federal funds rate are likely to occur sooner than currently anticipated.

«For example, if inflation in 2011 were a.5 percentage point below the Fed's inflation objective, the Fed might aim to offset this miss by an additional.5 percentage point rise in the price level in future years.»

NY Fed President Dudley also argued for the clear communication of inflation objectives, and advocated a goal for the Fed to effectively manage inflation expectations.

Both FOMC members stressed the importance of communicating the Fed's inflation objectives to investors.

Moreover, the depreciated exchange rate will mean higher inflation, which in turn will mean higher policy interest rates given the inflation objective the government has set for us.

«My colleagues and I may have misjudged the strength of the labor market, the degree to which longer - run inflation expectations are consistent with our inflation objective, or even the fundamental forces driving inflation.»

«I actually want to now see more evidence that we're making progress in reaching our inflation objective,» Dallas Fed President Robert Kaplan said Friday after the report.