Sentences with phrase «making central bankers»

In short, the arguments about the difficulties of influencing activity should make central bankers cautious and modest about their role as cyclical stabilisers, but do not excuse them from taking the cycle into account in setting policy, and doing what they can to lop peaks and fill troughs.
Many people believe that the Internet makes a central banker's job easier by helping to hold down prices.
The short version: He is an outstanding academic economist; he was the No. 2 official at the IMF; and he did a virtuoso job leading the Bank of Israel until earlier this year, making him the central banker to one of the nation's closest allies.

Not exact matches

Central bankers mostly have been making it up as they go ever since.
A central banker paralyzed by fear of making the wrong choice is a serious problem.
Two new deputy governors made their debut at the latest BOJ meeting, according to Reuters — Masayoshi Amamiya, a career central banker, and former academic Masazumi Wakatabe, a vocal advocate of aggressive easing.
But some central bankers have said that issuing their own currencies on some sort of blockchain could make it easier for citizens to use the money without going through intermediaries like banks and credit card companies.
But the central banker is an New Keynesian macroeconomist who years ago made a bet with his grad skool classmates that expectations are rational.
The French Minister of Finance has called upon a former French central banker to make sense of cryptocurrency regulation.
Japans decision making is very slow, central bankers need to be replaced and they are aiming their easing too little on the longer durations.
He has produced a deep treatise on government debt, served as chairman of a world - spanning regulatory body, run Italy's central bank (while remaining coolly removed from the scandals and fracases of Italian politics) and made a pile of money working at Goldman Sachs — all without being pigeonholed as an academic, regulator or investment banker.
This week, a distinguished panel of central bankers and academics gathered at the Brookings Institution to discuss the vast implications of digital currencies on the banks that make the world go «round.
Either way, action or inaction will allow us to make some inferences about Poloz as a central banker that will be very useful going forward — this is a huge learning experience, and the statement, the monetary policy report that accompanies it, and the press conference that follows are much - reads and must - watches.
Central bankers lower interest rates to jumpstart the economy, making it cheaper for shares of growth companies to invest in projects.
Second, thanks to mini-crises in European and Japanese banks, the Brexit, the US presidential race and uncertainty around China, global central bankers are on high alert to make sure they don't stop the stimulus too soon.
The sweat off a central banker's brow is for the purpose of making the future predictably bland for their member banks.
Yet somehow, despite policy failures that are made obvious by the lowest interest rates ever recorded in human history, a persistent narrative still dominates financial markets: all - knowing, omnipotent central bankers are still in full control of the situation and will do «whatever it takes» to maintain order.
After each of its eight meetings, the Federal Reserve makes a press release known as the «FOMC Statement» which summarize the central banker's policy choices.
But if the choice was being made by the central bankers and academic economists who attended a closely - watched conference in Jackson Hole, Wyo. over the weekend, there would be another name very much in the mix — and quite possibly the front - runner.
Today, I'm going to reiterate my position that, in the age of competitive quantitative easing by the world's central bankers, it makes sense to err on the side of bullishness.
8) Peter Boockvar — We need to tie the hands of the Central Bankers, because they overshoot and make economic volatility worse.
After each of its eight meetings, the Federal Reserve makes a press release known as the «FOMC Statement» which summarize the central banker's policy choices.
The central banker also warned against taking comfort in statistics that show, on average, growth in Canadians» assets are vastly outpacing their debts, pointing to other countries whose banks made the «classic mistake» of lending based more on borrowers» assets than their liabilities.
Just like forex traders who collect and study data to make their next move, central bankers do a similar job, but they have to focus their decision - making with the entire economy in mind, not just a single trade.
While it is the job of central bankers to set the short - term overnight interest rate — a rate off which the rest of the curve is theoretically set — policymakers can sometimes error or make policy independent of a data - based standard (e.g., political pressure).
We should make note that Greenspan followed his comment about irrational exuberance by quickly adding that central bankers need not be concerned with the collapse of an asset bubble if it does not impair the real economy.
And for whatever reason, top central bankers never developed the necessary knee - jerk aggressive response to any attempts to make use of these relationships to affect the behaviour of supervisors.
Central bankers don't behave this way when they set (unilaterally and in coordination) interest rates and make other interventions in the economy.
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.
Worries about a slowing economy in Europe and other parts of the world make it less likely central bankers will raise their benchmark interest rates.
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