Sentences with phrase «to keep a lid on inflation»

The question is whether a cooling economy will keep a lid on inflation in the months ahead?

The U.K. had been expected to follow close behind the Federal Reserve in raising interest rates for the first time in nearly a decade, but with lower commodity prices and weak wage growth still keeping a lid on inflation, economists now think that the U.K. may not raise rates till 2017 — even though new data out Wednesday showed the employment rate hit a 45 - year high of 74 % in the three months to November.

It did not take long after the passage of Humphrey - Hawkins for wiser Federal Reserve officials, including Paul Volcker (who became Chair in 1979), to conclude that the «dual mandate,» far from defining a new and sustainable approach to monetary policy, was simply a nuisance — something they had to pay lip service to, whilst really concerning themselves with keeping a lid on inflation, so as to undo and avoid repeating the mistakes of the 70s.

In turn, a strong dollar is helping to keep a lid on inflation.

Citing potentially increased spending and reduced taxation under the Trump administration, the minutes suggest that the Fed may act more aggressively to keep a lid on inflation.

Since April, the Bank of Canada had been talking about a potential rate increase in the context of an «economic expansion» that failed to achieve the velocity that policy makers expected, keeping a lid on inflation, which the central bank is mandated to contain at an annual rate of about 2 per cent.