The pace of growth in the US has picked up over recent months, assisted by very expansionary
macroeconomic policy settings and supportive financial conditions.
Not exact matches
High - profile, successful, and gold - agnostic investment - world luminaries assess the
macroeconomic risks of radical monetary
policies and reach a similar conclusion: This will end badly: — Seth Klarman: «All the Trumans (reference: a 1998 movie [The Truman Show] in which the main character's entire life takes place on a TV
set which he perceives as reality)-- the economists, fund managers, traders, market pundits — know at some level that the environment in which they operate is not what it seems on the surface....
Setting aside the conceptual question of whether sound money is a form of freedom, an institution, or simply good
macroeconomic policy, we come to the second major problem with the Fraser and Heritage price stability measures.
Lucy Macdonald is also a member of the firm's Global
Policy Council, which is responsible for setting company - wide macroeconomic and strategic p
Policy Council, which is responsible for
setting company - wide
macroeconomic and strategic
policypolicy.
Mr. Speaker, based on our
policy objective of ensuring
macroeconomic stability, and growing the economy for job creation, whilst protecting social spending, the following
macroeconomic targets are
set for the 2018 fiscal year: • Overall GDP growth rate of 6.8 percent; • Non-oil GDP growth rate of 5.4 percent; • End period inflation rate of 8.9 percent; • Average inflation rate of 9.8 percent; • Fiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and services
Mr. Speaker, consistent with our medium - term development
policy framework, we have
set the following
macroeconomic targets for the medium term (2018 - 2021): • Real GDP to grow at an average rate of 6.2 percent between 2018 and 2020; • Inflation to stay within the target band of 8 ± 2 %; • Overall fiscal deficit to remain within the fiscal rule of 3 - 5 percent; • Primary balance expected to improve from a surplus of 0.2 percent of GDP in 2017 and remain around 2.0 percent in the medium term; and • Gross International Reserves to cover at least 4 months of imports.
This is a good answer, but I would add: The phrase «trickle - down economics», even as a simplistic political slogan to refer to a complex
set of
macroeconomic policies, really only refers to one element of supply - side economics (namely, the Laffer Curve).
Never in the history of economics has a global
macroeconomic problem presented itself with such a clear and unambiguous
set of
policy solutions.