Sentences with phrase «meet inflation targets»

Opponents claimed that it would lead to a poorly co-ordinated economic policy and could potentially lead to conflict in fiscal and monetary policy aims, resulting in particular from an over-emphasis in setting rates to meet inflation targets at the expense of other factors such as the exchange rate.

They believe that without distance from government, the public would question their ability to keep their promises to meet their inflation targets.

If it focuses on maintaining the growth necessary to meet its inflation target, there is the risk of further increases in leverage and asset prices setting the stage for trouble down the road.

The Bank of England's Monetary Policy Committee had already set the bank rate as low as possible at 0.5 %, but decided that in order to meet the inflation target of 2 % further action was needed.

But he insisted the economy was on course to meet its inflation target of two per cent, house prices were stabilising, employment was high and interest rates were also stable.

Not exact matches

CNBC's Steve Liesman reports on the possible interest rate hike after the Fed met both goals with a strong jobs report and an inflation target of two percent.

Benoit Coeure, executive board member of the European Central Bank, said the institution is confident its inflation target will be met.

That has included flooding the financial system with cash, and voicing a steady commitment to their inflation targets in an effort to make people believe they will be met.

That had helped in reducing the unemployment rate to 5.5 percent and bringing inflation closer to its 2 to 3 percent target band, minutes of the meeting showed.

In saying the Fed expected «moderate» economic growth, «additional strengthening in the labor market» and inflation rising toward the central bank's annual 2 % target, Yellen appeared to be preparing financial markets for a potential rate hike after the central bank's Sept. 20 - 21 meeting.

Federal Reserve officials at last month's meeting signaled greater confidence in reaching their 2 % inflation target, a clear indication that interest rates are poised to continue rising.

In the event of demand shocks, there is not a large conflict between the real and nominal objectives; the monetary response is the same to meet both objectives, and the actions of all the inflation - targeting central banks would not be significantly different.

After the last Federal Open Market Committee meeting, Fed Chairwoman Janet Yellen indicated the rate - setting body was on track to raise the federal - funds rate three times in 2017 and continue on that path next year, even though inflation is well below the Fed's 2 % target rate.

Federal Reserve officials leaned toward a slightly faster pace of tightening at their March meeting as their growth outlook and confidence in hitting their inflation target strengthened, according to minutes released Wednesday.

The Fed said in a statement after its latest policy meeting that it expects «further gradual increases» in rates and says it's moving close to achieving its 2 percent target for annual inflation.

While the Fed is not expected to raise rates at Fed Chair Janet Yellen's final meeting, it could indicate that the economy is improving and comment on inflation, which is running below its target.

A two - day Federal Reserve policy meeting ended Wednesday with no change in rates, as expected, while the U.S. central bank said inflation had «moved close» to its target, leaving it on track to raise borrowing costs in June.

While monetary policy actions played a role in the decline of interest rates, the Bank sets its policy rate to meet its primary mission: returning inflation sustainably to target, thus helping to get the economy back to full output.

The Fed policy meeting ended with no change, as expected, while the central bank expressed confidence a recent rise in inflation to near target would be sustained, leaving it on track to raise borrowing costs in June.

I agree that central bank solvency is superficial unless the government insists on receiving a given level of income from the central bank, and the central bank is trying to meet some fixed price level or inflation target.

This possibility was reinforced by the comments made after the September FOMC meeting, where the Fed maintained the current 1 % to 1-1/4 % target rate «in view of realized and expected labor market conditions and inflation...»

There's no RBNZ meeting but data has taken a turn for the worse since the last policy meeting with inflation falling to the bottom of the RBNZ's target so the downtrend for both currencies should remain in tact.

«The real headache is that it is easy to be the Fed when inflation is below target... a very important aspect as we go into this May meeting, is the tone of the debate changes completely as we get to 2 percent and beyond,» said Torsten Slok, an economist at Deutsche Bank.

The Federal Reserve is meeting later this month, and with inflation below its targeted 2 percent, all eyes will be on how the US central bank chalks out its asset - sale program.

For example, if the inflation drops below what the ECB had targeted during their last meeting, then it is only obvious for traders to expect interest rates to be cut, which will affect the Euro and the EURGBP currency pair as a whole.

The recently published minute of the Fed's meeting last month showed some members of the policy committee have argued for raising interest rates more quickly in coming months because of strong economic growth, a robust job market and rising inflation, which last month exceeded the Fed's target of 2 percent.

At its March meeting, BOJ confirmed its stance on keeping interest rates near 0 % by removing a target date for achieving its 2 % inflation goal.

«In determining whether it will be appropriate to raise the target range at its next meeting, the committee will assess progress - both realized and expected - toward its objectives of maximum employment and 2 percent inflation,» the Fed said in a statement after its latest two - day policy meeting.

With inflation at multi-year highs and way beyond the central bank's target of 2 percent, and wage growth not rising quickly enough, monetary - policy members were expected to look to balance growth and inflation when they met in November.

Faced with the usual pressure to help the government pay its bills, Fed officials, and a pliant or weak Fed Chair especially, might cave - in to the government's demands while still meeting the Fed's inflation targets.

There will be a written ministerial statement later today about the decision by the Bank of England's Monetary Policy Committee to ensure that the inflation target is met and that the economy does not fall below that target by putting extra money into the economy, which is described as quantitative easing.

Inflation stood at 13.2 per cent in February, but the government said it was confident it could meet its 2017 end - year inflation target of 11.2 Inflation stood at 13.2 per cent in February, but the government said it was confident it could meet its 2017 end - year inflation target of 11.2 inflation target of 11.2 per cent.

This is the lowest inflation rate since Jan 2017, and it has met and surpassed the target set for inflation in the Administration's Economic Recovery and Growth Plan (ERGP).

«What matters for the Bank of England is how well they target inflation, and in this area they have an excellent record of meeting the two per cent target,» the Treasury spokesman added.

To ensure a fuller communication between the Bank and the Treasury, I am changing the timing of the open letter system so that when inflation is above target, the governor will write to me on the day the minutes of the next MPC meeting are published to allow for a more substantive exchange of views.

The BoJ aims to meet its 2 % inflation target; reaching that target has been delayed due to weak consumer spending and the deflationary impact of the drop in oil prices.

For example, if the inflation drops below what the ECB had targeted during their last meeting, then it is only obvious for traders to expect interest rates to be cut, which will affect the Euro and the EURGBP currency pair as a whole.

In the four years before President Macri's arrival, the Argentine economy grew at a paltry 1.6 % rate per year — meaning that, in per capita terms, it didn't grow at all... Consumer inflation, on the other hand, averaged almost 30 % per year... At the end of May, the government announced a plan to increase public pensions and devolve tax revenues to the provinces that, if implemented (which is almost certain), will cost the national government a significant amount of money and make meeting primary deficit targets... all but impossible to achieve.

If both a decent rate of return and a historically typical inflation percentage are factored in, the amount needed to be saved each year to meet the target would be reduced a bit.

Federal Reserve officials leaned toward a slightly faster pace of tightening at their March meeting as their growth outlook and confidence in hitting their inflation target strengthened, according to minutes released Wednesday.

(Bloomberg)-- Federal Reserve officials leaned toward a slightly faster pace of policy tightening at their March meeting as their growth outlook and confidence in hitting their inflation target strengthened, according to minutes of the gathering released Wednesday.