Sentences with phrase «monetary policy measures»

This document outlines a series of monetary policy measures that could be deployed in a very low interest rate environment.

«By their unconventional monetary policy measures central banks have increasingly taken over critical market functions.

(at 129) He elaborates on the objectives of the OMT programme as monetary policy measures, which trigger the transmission mechanism and have an impact on interest rates on government bonds of specific countries, and states that all these objectives were, with regard to the deterioration of the sovereign debt market for several states in summer 2012 legitimate.

Extraordinary monetary policy measures were taken in the heat of the financial crisis, and continue to be applied five years later, as a necessary part of restoring economic growth and stability.

The yields on these extremely short - term vehicles just about disappeared as the Federal Reserve's program of bond - buying, known as Quantitative Easing, and other aggressive monetary policy measures drove down rates.

Latest ECB Monthly Bulletin just out 9 Nov — latest data and survey results point to unabated growth momentum in the second half of this year — ECB's monetary policy measures continue to support domestic demand Upbeat assessment overall but understanda...

It stresses that the extraordinary and «unconventional» policy actions that were taken in the face of a systemic event, and during the deep recessions and slow recoveries that ensued, have become longstanding monetary policy measures aimed at returning economic output to potential.

The European Central Bank (ECB) delivered a robust package of monetary policy measures on June 5 and promised more to come if needed to help stave...

As a result of monetary policy measures taken since April, financial conditions in Canada have tightened modestly but remain exceptionally stimulative.

Both referred questions — the distinction of monetary policy measures from economic policy measures and the prohibition of monetary financing — have to some degree already been discussed in the Pringle ruling on the ESM.

In the unlikely event that the economy was hit with another major negative shock, the Bank could implement unconventional monetary policy measures.

For several reasons on the basis of the Pringle decision (commented here), the BVerfG would not classify OMTs by their objectives and the effects of their instruments as monetary policy measures.

«We anticipate that headline inflation will resume its gradual upward adjustment, supported by our monetary policy measures,» the ECB president added.

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

The Bank of Canada is applying lessons from the global financial crisis as it updates its framework for the use of unconventional monetary policy measures, Governor Stephen S. Poloz said.

This can be reinforced by the perception that unconventional monetary policy is not a temporary phenomenon, but part of a new normal central banks have created an illusion of permanent liquidity by their unconventional monetary policy measures.

The debt problem called for new «monetary policy measures — we call them «non standard» decisions, strictly separated from the «standard» decisions, and aimed at restoring a better transmission of our monetary policy in these abnormal market conditions.»

Even though the stability of the euro area may have repercussions on the stability of the currency used within that area, an economic policy measure can not be treated as equivalent to a monetary policy measure for the sole reason that it may have indirect effects on the stability of the euro.»

In his opinion on the OMT programme, the AG builds on the Pringle precedent and argues that the Court's ruling can be applied mutatis mutandis in this case, namely that «a monetary policy measure does not become an economic policy measure merely because it may have indirect effects on the economic policy of the Union and the Member States.»