Sentences with phrase «monetary policy authorities»

«The finance ministry expects that the monetary policy authorities will be in a position to determine the steps required to put the currency in equilibrium after considering a number of variables,» she added.

China's actions mirror the concerns of monetary policy authorities in many countries.

Not exact matches

When other countries saw the promise of macroprudential policy, they set up stand - alone entities to apply it, leaving monetary authorities free to concentrate on economic growth and inflation.

If that sounds familiar, it's exactly what monetary authorities and central bankers around the world have lulled us into believing; that the lessons of the post-millennial booms and busts are being incorporated into 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.

While price level or nominal GDP targeting by monetary authorities are options, fiscal and other policies must also take on some of the burden to help sustain economic growth and stability.

An important and useful element of the thinking at the time was the replacement of the earlier «control theory» approach to policy (i.e. the belief that the central point was to find an appropriate spot on the Phillips curve and to stay there), towards a «game theoretic» view, in which the critical issues related to behaviour — the interaction between the monetary authorities and the public.

In Asia and other parts of the emerging world, however, ample policy ammunition is available, both fiscal and monetary, should the authorities have a need to use it.

But while the monetary authorities kept their stimulus going, austere fiscal policy kicked in with a vengeance.

We need new monetary policy tools precisely because the fiscal authorities can't get their act together, and because existing monetary measures have limited effect.

In the Australian experience, notwithstanding some significant transitional difficulties, the move away from using direct controls to implement monetary policy to a system based on market operations ultimately gave the authorities greater scope to manage the economy, and helped pave the way for a return to economic stability.

The Prime Rate and the LIBOR are set based on financial markets, economic conditions, and the ways the setting authority wants to pursue monetary policy.

In our March statement we indicated that our current monetary policy stance remained appropriate to achieve our 2 per cent inflation target on a sustainable basis by around the middle of 2018, whereas US authorities have now begun to tighten.

The Monetary Authority of Singapore will announce its monetary policy review on April 13 at 8 a.m. Singapore time (0000 GMT).

Created in 2009, the FSB helps to coordinate international monetary directives and brings together senior policy makers from finance ministries, central banks, and supervisory regulatory authorities.

Some would argue that by acting cautiously on balance sheet normalization (without actively countering impacts of ECB policy measures), Fed policymakers have partially ceded control of financial conditions to foreign monetary authorities, but the same can be said about other central banks as well, for long - term rates are correlated among advanced economies:

Monetary policy is the process through which the monetary authority (central bank, currency board, or other regulatory committee) of a country controls the size and rate of growth of the money supply, which in turn affects interest rates.

After confronting the «knowledge problem» at the heart of discretionary monetary policy — that policymakers are unable to know the true structure of an increasingly complex and global economic system — Dorn calls for the establishment of a Centennial Monetary Commission to evaluate the performance of the Fed over its 100 - plus years of discretionary monetary authority and to discuss how best to reform the country's central bank.

Markets also expect the monetary authorities in the euro area and Japan to keep policy rates at their current low levels for some time.

A non-standard monetary policy — or unconventional monetary policy — is a tool used by a central bank or other monetary authority that falls out of line with traditional measures.

The monetary authorities of the US and Japan have reiterated that monetary policy will remain accommodative for the foreseeable future as the excess capacity that has built up as a result of the earlier period of economic weakness is seen as limiting inflationary pressures for some time.

Congress has ultimate authority for monetary policy.

If we accept that properly implemented macroprudential policies can help to effectively combat financial vulnerabilities by strengthening resilience in the financial system and reducing systemic risk, this supports the view that authorities should look to these policies first when imbalances arise, before turning to monetary policy.

«And it is precisely that market confidence and fiscal credibility that allows our independent monetary authority, the Bank of England, to operate a more active monetary policy:

Monetary Policy: The techniques used by a monetary authority (such as the Bank of Canada or the Federal Reserve) to control the supply of money in a given currency, typically with the goal of manipulating either inflation or market interest rates.

The Prime Rate and the LIBOR are set based on financial markets, economic conditions, and the ways the setting authority wants to pursue monetary policy.

When the exchanged rate is fixed, there is typically no intervention from the authorities or over monetary policy resolutions that will influence the exchange rate.

At the same time, our ability to make effective monetary policy and to promote financial stability depends vitally on the information, expertise and authorities we gain as bank supervisors, as demonstrated in episodes such as the 1987 stock market crash and the financial disruptions of Sept. 11, 2001, as well as by the crisis of the past two years.

Since there isn't one global economy, there can't be a single monetary policy controlled by one authority that supplies a unified currency.

No central authority controls it, which means that nobody can modify the monetary policy or decide to take Bitcoins away from you like the CEB did in Cyprus in 2013.