Not exact matches
The area's third - largest economy had appeared to be emerging from a long period of stagnation thanks to the European
Central Bank's
loose monetary policy, improvements in the balance sheet of its
banks and the first fruits of Prime Minister Matteo Renzi's labor market reform.
«Probably in my mind the poster child for a
central bank mistake was actually the U.S. Federal Reserve in 2003 and 2004... we had great conviction that the Federal Reserve was making a mistake with way too
loose monetary policy.»
This might mean, for example, that the
central bank would need to run a more stimulative
policy than it would have otherwise to offset the effect of macroprudential
policies, and the macroprudential authority would impose more stringent measures than it would have otherwise to counteract the leverage and risk taking generated by
looser monetary policy.
By Claire Milhench (Reuters)- Investors raised their equity holdings in April from March's five - year lows, taking the view that the global stock market rally will continue as long as
central banks maintain their
loose monetary policies, a Reuters poll showed on Friday.
SNB's Jordan reaffirmed his commitment to
loose monetary policy at
central bank's annual general meeting last Friday.
Loose monetary policy, including so - called quantitative easing through which
central banks create new money to buy financial assets in the secondary market, has failed to spark a recovery because the world is awash in debt.
The main challenger to Powell is Stanford University economist John Taylor, a favorite of conservative Republicans who believe
monetary policy has been too
loose under Yellen and want the
central bank to rely more on rules when setting rates.
Any hint that a stronger exchange rate will prompt the European
Central Bank to leave
monetary policy loose for longer will push it down again.
(ETF Trends: Feb 22, 2016) The European
Central Bank's
loose monetary policy has been dragging down yields and the yield disparity between European stocks and bonds is widening, says Tom Lydon of ETF Trends.