Sentences with phrase «monetary policy debates»

Ten years ago, it seemed that monetary policy debates had largely been settled.

The monetary policy debate over whether rule - like behavior is preferable to pure discretion dates back at least to Henry Simons in 1936.1 More recently, in their Nobel Prize - winning work, Finn Kydland and Ed Prescott demonstrated that a credible commitment by policymakers to behave in a systematic rule - like manner leads to better outcomes than discretion.2 Since then, numerous papers using a variety of models have investigated the benefits of rule - like behavior in monetary policy and found that there are indeed significant benefits.

Not exact matches

Of course no matter if it is NGDP targeting, the Taylor rule, or even a rule that would have the Fed tie itself to gold - the entire debate about rules - based monetary policy ignores the obvious: rules are meant to be broken.

But what the prime minister must do first is engage the public in the debate over monetary policy.

That debate takes place internally at the central bank, where contrasting views are regularly articulated by members of the Federal Open Market Committee (FOMC) as our Federal Reserve (Fed) policymakers attempt to steer monetary policy with regard to interest rates.

There's no question that the volume has been turned up to 11 on the debate over whether Larry Summers, the controversial former treasury secretary or Fed vice-chair Janet Yellen or another candidate should guide U.S. monetary policy for the next four years.

ECB policy makers are likely to next week debate restarting their covered - bond purchases along with further measures to ease monetary conditions.

TALKING THE TALK Aside from their discussion over the stance of monetary policy, officials likely continued to debate fine - tuning their communications strategy by adopting numerical thresholds for economic variables that would guide the central bank's unconventional stimulus.

He also notes that she led the «2 - percent side» in the Fed's monetary - policy debate of whether the Fed should be targeting 2 - percent inflation or zero.

While price stability features very prominently in debating any central bank's monetary policy stance, financial stability is clearly emerging as an equally important factor.

It was not that long ago (early to mid-September) when the market debate was centered around the strengthening US economy and the pace that we would see the Federal Reserve (Fed) start to shift gears and tighten monetary policy in response to a very strong economy.

How can you compare his other credentials and answers to debate questions to the most honest and highly intelligent responses of a medical doctor and soldier who for decades has espoused sound monetary policy and has been proven correct time and again.

In normal times, the debate over monetary policy is between «hawks» who want the Fed to emphasize its inflation target, and «doves» who want it to focus on lowering unemployment.

Questions - self - defence homicides, monetary and fiscal policy, year - end financial flexibility Legislation - protection of freedoms bill Debate - eighth report of procedure committee Motion - changing procedure of House for questions, debates and addressing members

There is a debate about the future of monetary policy, not in the UK exclusively but in many, many countries... There is a debate going on.

Leaving aside the issue of whether it is even desirable to have any intervention in the market, such as Fannie and Freddie buying more mortgage loans, it seems like the debate has shifted to the question of encouraging moral hazard, something foreign to Alan Greenspan, who thought he could micromanage monetary policy.

And if you can make a career of being consistently contrary, you can aspire to be like Jim Grant, publisher of the Grant's Interest Rate Observer newsletter of stock - picking and monetary policy, who hosted Bogle, amid a conference of Grant fans, in an ornate ballroom at New York's Plaza last week, for a «Great Debate» over how best to manage other people's money.

He does not deviate from the road indicated by Pringle: he keeps the distinction of monetary and policy measures short without engaging in the debate on the historic flaws of the Economic and Monetary Union.