Sentences with phrase «monetary policy adjustment»

The forthcoming «lift - off» by the Federal Reserve, when it happens, will surely be the most telegraphed monetary policy adjustment in history.

But these monetary policy adjustments are likely to be gradual and cautious, as we continue to face significant uncertainties and the headwinds to growth from the financial crisis have not fully abated.

This assessment is based on an evaluation of the recent trends in core inflation and likely developments in demand conditions, and takes into account the dampening influence of the monetary policy adjustments since November 1999.

Poloz himself has no control over the actions of the markets. And his response to any macroeconomic damage that results is limited to monetary policy adjustments (the next Bank of Canada interest rate decision is September 9), over which the Prime Minister is not supposed to have sway.

Not exact matches

«Despite this progress on the real side of the economy, from a monetary policy perspective our task is not complete, as we have not yet seen a sustained adjustment in the path of inflation,» Draghi told the audience.

«Looking ahead, we anticipate that headline inflation will resume its gradual upward adjustment, supported by our monetary policy measures.»

A second reason for the downward adjustment in U.S. interest rate expectations is that U.S. financial market conditions depend, in part, on the stance of U.S. monetary policy relative to monetary policies abroad.

This would in turn constrain monetary policy, which is critical to minimizing the cost to China of what's likely to be a very difficult adjustment after decades of deeply unbalanced growth.

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

In the short run however the orthodox world accepts that fiscal and monetary policies can speed up the adjustment towards equilibrium, largely it seems by countering these constraints, or by setting interest rates in order to manage investment and consumption.

The MPC knows monetary policy is a fairly blunt tool and is not enough to combat the real adjustment required for new trading arrangements.

The broad set of Trump's fiscal measures and Republican legislative priorities should be supportive of a strong U.S. dollar, either by boosting growth and tighter monetary policy — or by contributing to an improved trade balance (through looser regulation in the energy sector and / or border adjustments).

Thereby, the increased dependence on central bank liquidity may have weakened the resilience of markets, making them more prone to a (small) shock, such as an adjustment of market expectations on monetary policy.

In its deliberations on monetary policy, the Board will continue to monitor all these developments and make adjustments as required, with a view to achieving sustainable growth in the medium term with low inflation.

The Bank's intention in making this adjustment is not to end growth, but to keep the setting of monetary policy attuned to the economy's changing needs.

The first is the complementarity strategy, in which balance sheet adjustments would be viewed as an independent and thus second tool for conducting monetary policy.

The limitations of macroprudential policies reflect the potential for risks to emerge outside sectors subject to regulation, the potential for supervision and regulation to miss emerging risks, the uncertain efficacy of new macroprudential tools such as a countercyclical capital buffer, and the potential for such policy steps to be delayed or to lack public support.14 Given such limitations, adjustments in monetary policy may, at times, be needed to curb risks to financial stability.15

As a result, at the appropriate time, the (Fed) will be able to return to conducting monetary policy primarily through adjustments in the short - term policy rate.

If economic conditions evolve roughly as we expect, further adjustments to monetary policy will probably be needed over time to ensure that inflation remains consistent with the target over the medium term.

The statement repeated that «with further gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace in the medium term and labor market conditions will remain strong.»

«I expect that with gradual adjustments in the stance of monetary policy, the economy will continue to expand and the job market will strengthen further, supporting faster growth in wages and incomes,» she said.

We would agree an adjustment in the ECB's monetary - policy settings looks likely to be made soon, as it would be surprising if the central bank continued on its current highly accommodative course for much longer, considering the stronger - than - expected recovery in the eurozone economy.

There is a limit to what monetary policy can achieve when real adjustments are required.

Also, Fitch forecasts that, «a high inflation could have a fiscal impact if it keeps domestic funding costs elevated (yields can be as high as 20 % on short - term instruments), although we think the Bank of Ghana may have scope to ease monetary policy in 2017, as the impact of electricity tariff adjustments drops out of CPI calculations, lowering headline inflation.»

In Britain we are able to ease that adjustment through loose monetary policy and a flexible exchange rate.

After all, the looser monetary policy is, the worse the adjustment when the tightening comes, and monetary policy has never been looser than this since 1790.

«As we said last month, while the economy is likely to require less monetary stimulus over time, we will be cautious in making future adjustments to our policy rate.

Moves monetary policy from rate targeting to permanent quantitative monetary adjustment.

The Committee currently expects that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and labor market indicators will continue to strengthen.

Participants agreed that their ongoing assessments of the data and other incoming information, as well as the implications for the outlook, would determine the timing and pace of future adjustments to the stance of monetary policy.

The Committee currently expects that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and labor market indicators will strengthen.

The Committee continues to expect that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace, and labor market conditions will strengthen somewhat further.

Consequently, the Committee continues to expect that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace, and labor market conditions will strengthen somewhat further.

«The Committee continues to expect that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and labor market conditions will remain strong,» the statement said.