Sentences with phrase «monetary policy focused»

We live in a low - yield environment spawned by a «new normal» of worldwide monetary policy focused on stimulating with ultra-low or even negative interest rates and massive liquidity injections into the financial system.

Almost all of the public discussion at the time on the appropriate setting for monetary policy focused on the inflation outcomes excluding the influence of the changes in the tax rate (Graph 4).

Not exact matches

Though early drafts of the Senate bill called for the Fed to adopt rules - based monetary policy, this ended up being stripped from the final proposal due to Democratic opposition - largely because much of the Hill focus has been on the Taylor rule, which many Fed advocates fear is too restricting.

Though Kashkari begins with a broad attack on monetary rules, it quickly devolves into a focused attack on the Taylor Rule which he argues «effectively turn [s] monetary policy over to a computer, rather than continue to let Fed policy makers use their best judgment to consider a wide range of data and economic trends.»

Voters liked the pitch, even though, as Abe admitted, «it's very rare for monetary policy to be the focus of an election.»

Market - watchers will get another opportunity to suss out clues later this week when Fed chairwoman Janet Yellen makes her planned speech at the annual Jackson Hole monetary policy symposium, where this year's theme, appropriately, focuses on the labor market.

Beijing will focus instead of «high quality» development, adhering to its «proactive fiscal policy and prudent monetary policy» and pursuing its three - year target to clean up its financial sector and air pollution.

«The GUIDES indicators that focus on some overall macroeconomic indicators,» Chisa recommends, plus «a few other topics that get you a lot of bang for the buck: British Colonialism, nations versus states, Dutch Disease (resource curse), Sovereign Wealth Fund, import substitution, current account balance, fiscal deficit, IMF austerity measures, and the «trilemma» of free - capital flows, independent monetary policy, and fixed exchange rates.»

She did not mention monetary policy in her speech, which was solely focused on the world of work, but did note those graduating were entering the strongest jobs market in nearly a decade.

The assets that, until recently, made her look like the obvious choice to succeed Bernanke — being a Fed veteran, having intimate knowledge of QE and forward guidance, a well - known stance on monetary policy and a scholarly focus on unemployment — now seem like weapons to fight the battle of yesteryear.

The domestic focus of monetary policy in these countries does not have any obvious international cost.

Given these positive surprises, and because monetary policy must be forward - looking to achieve our inflation target, Governing Council's discussions focused on three main issues: first, the extent to which recent strength is signalling stronger economic momentum in Canada and globally; second, how heightened levels of uncertainty, particularly about US tax and trade policies, should be incorporated in our outlook; and third, how much excess capacity the economy currently has, and the growth rate of potential output going forward.

Here, I would like to focus on one critical aspect of the discussion: that monetary policy can affect financial stability only through its effects on household debt, even though it affects a wide swath of the real economy.

FED prompting and saving the market rather than focusing on monetary policy.

My remarks will focus on the following question: Should a central bank's decisions on monetary policy account for the stability of the financial system and, if so, how?

If the effectiveness of macroprudential policies could be relied on, would that mean that monetary policy is off the hook, allowing the Bank to focus on its inflation target and leave macroprudential policies to take care of financial stability?

While inflation - targeting regimes share a number of similarities, most importantly the focus on an inflation rate as the objective of monetary policy, there are a number of differences in terms of their practical implementation.

This resulted in monetary policy working more broadly through the financial system, rather than being focused only on banks, making it more effective and also less distorting.

To illustrate the practical application of the inflation - targeting framework in Australia and its flexibility, it is useful to focus on the operation of monetary policy in three particular episodes (Graph 2).

We have created a new digital economy team that focuses on how automation is unfolding and affecting the economy, including inflation dynamics and the transmission of monetary policy.

His published research has focused on exchange rate and monetary theory and policy in open economies, the international monetary system and financial stability.

In its deliberations, Governing Council focused mainly on the implications of lower prices for oil and other commodities for Canada and for monetary policy.

Central banks around the world are focused on stimulative monetary policies to encourage growth.

As a result, much of Canada's monetary policy framework is focused on establishing and maintaining the credibility of the Bank of Canada.

While ultra-loose monetary policies may live on, one potential successor is more focused on North Korea than structural reforms.

These objectives allow the Reserve Bank Board to focus on price (currency) stability while taking account of the implications of monetary policy for activity and, therefore, employment in the short term.

On a more positive note politically, however, in recent months there has been a rising expectation that governments will increasingly start to focus more intently on fiscal stimulus, and we expect this theme to gain some traction in a number of major economies given the diminishing returns of unconventional monetary policy.

MNI Fixed Income Bullet Points focuses on trading flows, shifting market sentiment and expectations, news driving the market, economic data, monetary and fiscal policy, key market levels, central bank market activity, and global capital flows.

We bring up this schedule to underscore the fact that investors remain focused on what the Fed plans to do about monetary policy.

I want to talk about some of the issues involved here from the perspective of a central banker — whose primary focus is, of course, monetary policy.

In light of the considerable efforts under way to implement a macroprudential approach to enhance financial stability and the increased focus of policymakers on monitoring emerging financial stability risks, I see three key principles that should guide the interaction of monetary policy and macroprudential policy in the United States.

Taking all of these factors into consideration, I do not presently see a need for monetary policy to deviate from a primary focus on attaining price stability and maximum employment, in order to address financial stability concerns.

Additionally, Fed Governor John C. Williams of San Francisco recently published a paper suggesting a shifting focus from monetary policy to fiscal policy and an emphasis on economic growth and a higher inflation target.

At those meetings, the BoJ critically shifted monetary policy to focus on rate targeting, rather than negative rates, and the Fed inched closer to its eventual 2016 hike in December.

First, it is critical for regulators to complete their efforts at implementing a macroprudential approach to enhance resilience within the financial system, which will minimize the likelihood that monetary policy will need to focus on financial stability issues rather than on price stability and full employment.

Speculation about policy change has largely monopolized the attention of investors in the months since the US elections, but monetary policy came sharply back into focus during February.

He focuses on delivering analysis of monetary policies and macroeconomic developments globally as defined by fundamentals, market sentiment and technical analysis.

The downsides of ultra-loose monetary policy have returned to focus this month, following comments from the likes of BlackRock's Laurence Fink and European Central Bank (ECB) President Mario Draghi.

But C.D. Howe Institute research vice president Finn Poschmann said Poloz's background as head of Export Development Canada could signal a shift in the central bank's focus from monetary policy alone to encompass broader issues.

What the book does is it helps the reader think of large, and sudden moves in the economy in terms of monetary and banking policy and helps correct for narratives of economic events that tend to overwhelmingly focus on questions of taxation, spending and labor regulation.

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.

Amongst others, a monetary policy that will stabilise the currency and reduce significantly the cost of borrowing, in addition to a raft of tax cuts, he said, have been put in place to bring relief to businesses, with the aim of lowering the cost of doing business and shifting the focus of our economy from taxation to production.

«I know that they'll [the Bank] be very worried and concerned and focused on what's happening to London house prices and wider house prices, but I hope that the monetary policy committee will look across the piece, rather than at one indicator, before they decide to move on interest rates.»

Then again, if focusing on financial stability forces the Fed to be more restrained in its monetary policy, that would be good.

To the degree that international monetary policies diverge, where some nations focus on combating inflation while others concentrate on stimulating growth, there will continue to be opportunities for currency carry trades.

Ministers of the G7 were apparently trying to make clear that they plan to continue to focus on helping their respective economies through monetary policy, not by purposefully devaluing their currency.

I've suggested it before, but perhaps monetary policy should not focus on (at least solely) price inflation or unemployment, but on the level of total debt relative to GDP.

That said, Borio of the BIS suggested that monetary policy might be better off with a single mandate focusing on growth of liabilities to avoid financial crises, because financial crises cut economic growth severely.

«Markets should be focusing on quantitative monetary policy rather than interest rate policy.»

Stellar.org has announced that the project will be focussed on «underdeveloped payment corridors» wherein underdeveloped countries such as Fiji and Samona which have been handicapped by instability of economics, monetary policies and currencies can finally engage in international transactions.