Sentences with phrase «kept central bankers»
Even the threat of competition would keep central bankers — and their product — more honest.
https://www.totalpolitics.com/ Not exact matches
Even as China's stock market continues to reel, and Europe still searches for a way to keep its monetary union intact, central bankers remain confident that the American economy is on the upswing.
HALIFAX — The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying slow economic growth is probably the new norm, requiring central bankers to keep interest rates low during a long period of stagnation.
In keeping one eye officially on unemployment, the Fed is unusual in a developed world where central bankers are typically tasked solely with maintaining price stability.
Confronted with the choice of whether to «lean» or to «clean» — leaning against emerging financial imbalances by keeping interest rates higher than they otherwise would be or cleaning up in the event the risks they create are realized by providing stimulus — central bankers at that time generally agreed that cleaning would be best.
The central bankers decided at their June meeting to keep the benchmark interest rate near zero, where it's been since 2008.
By providing the grease that kept money flowing, central bankers superseded governments — they set the cost of money and provided the confidence in ongoing liquidity — the world was their battlefield.»
The continued efforts by the ECB, BOJ and Swiss National Bank to keep their overnight rates at crisis - era levels is increasing concerns around the globe that central bankers in general do not have an exit strategy.
Fast forward to today when as Yra Harris writes in his latest Notes from the Underground, the realization that central bankers are on the verge of panic is that much closer, because as the veteran trader and strategist writes, «the continued efforts by the ECB, BOJ and Swiss National Bank to keep their overnight rates at crisis - era levels is increasing concerns around the globe that central bankers in general do not have an exit strategy.»
Yet as long as rates remain low, nontraditional stock investors like retirees — and, yes, central bankers — will keep piling in.
«Up until recently, there was pretty overwhelming support by central bankers to keep U.S. interest rates low by buying up bonds in a second round of quantitative easing with the goal of boosting our slow - growing economy.
«Unfortunately, had they not kept monetary policy unnecessarily tight two years ago (as was pointed out to them at the time), perhaps we wouldn't today be left wondering if our central banker's plan for youth unemployment involves flagrant violations of the Employment Standards Act,» wrote Mike Moffatt, a well - known Canadian economist, dodgeball aficionado, and Pokemon Go enthusiast.
Third, we need to stop central bankers keeping interest rates too low and setting off fake booms in the first place.
(Keep in mind, the rate is already near zero at 0.5 % and late last year central bankers flagged the possibility we could soon follow the Swiss, Swedes, Danes, Japanese and Euro bloc into negative territory.
While the «Austerians» may prefer to keep annual inflation to around 2 %, Krugman thinks the central bankers of the world should be targeting closer to 4 %.
They need to listen to the economists and central bankers and keep track of interest rates and inflation.
It's clear what the central bankers are hoping for: they want us all to keep borrowing and spending and by providing negative real interest rates on cash force us into riskier asset classes: notably stocks.
This continued global economic uncertainty puts pressure on central bankers in Canada and in other countries to keep rates lower for longer.
And it's since become the conventional wisdom: Many central bankers and world leaders now agree that we need to keep the bulk of fossil fuel reserves underground.
At the start of 2016, central bankers expected to make four rate increases, but a slump in first - quarter economic data and market volatility coming from abroad kept them on hold until December, when they squeezed in their one and only hike.