Sentences with phrase «monetary policy judgments»

That uncertainty necessarily adds to the normally substantial degree of uncertainty we face in making monetary policy judgments.

Not exact matches

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.»

That element of judgment in weighing financial stability considerations, including the implications of our own actions, is central to our risk - management approach to monetary policy.

The quality of the Bank's judgments on monetary policy will reflect, in part, the experience and competence of its officers.

It was felt that Ministerial control over interest rates was not conducive to long - term economic stability, as multiple political factors had long clouded economic judgments about what monetary policy should be used for.

In conclusion, I do not believe you can accurately state whether gold is undervalued or overvalued - you must make judgments based on what you think about the future of the market and of monetary policy, but there are too many variables to be accurate consistently.