Sentences with phrase «monetary policy officials»

Not exact matches

Officials from the government shared their concerns about higher interest rates with a Bloomberg reporter, violating the convention of keeping politics out of the day - to - day handling of monetary policy.

In summary, the Federal Reserve has more than enough information to conduct a proper monetary policy in the absence of official federal government economic data.

I believe that the lack of official federal government economic statistics might actually enhance the Fed's management of monetary policy.

Last week Abe also nominated academic Kikuo Iwata, who supports unconventional monetary policy, and BOJ official Hiroshi Nakaso, who has hands - on knowledge of the central bank's inner workings, as the BOJ's next two deputy governors.

In his job as an activist at the Center for Popular Democracy, Barkan led a successful effort to get Fed officials thinking more about low - income Americans as they conduct monetary policy, often arguing against interest rate hikes in the face of high underemployment and weak wage growth.

He is likely to toe the central bank's official line on monetary policy, though looking out for any strong comments on the impact the BOJ's policy on bank profits - 0615 GMT.

More and more, Fed officials are beginning to think seriously about a dramatic change to monetary policy.

«The choice of Williams... would in effect have chosen to prioritize monetary policy expertise over first - hand experience of financial markets and diversity considerations pushed by some,» wrote Krishna Guha, Fed watcher at ISI Evercore and a former NY Fed official.

«His common sense approach to monetary policy and financial regulation are exactly what the Federal Reserve needs right now and we look forward to his confirmation» a senior Fed official told reporters in a conference call following the appointment.

Fed officials have already warned that the economy doesn't need stimulus per se as much as it needs growth - enhancing structural reforms, so there is a risk is that it will tighten monetary policy aggressively if Trump loosens it aggressively.

Mired in a world of low growth, low inflation and low interest rates, officials from the Federal Reserve, Bank of Japan and the European Central Bank said their efforts to bolster the economy through monetary policy may falter unless elected leaders stepped forward with bold measures.

In the currency markets, the differing messages of the world's major central banks on inflation and monetary policy prodded the dollar higher against the yen ahead of a series of appearances by U.S. Federal Reserve officials this week.

The official statement conceded that «monetary policy alone can not lead to balanced growth,» an overdue admission on the part of finance ministers that they have been leaning on their central bankers for too long.

On 19 September 2000, the Bank of Canada published details of its plan to adopt a new system of eight «fixed» or pre-specified dates each year for announcing any changes to the official interest rate that it uses to implement monetary policy.

In November 2000, the Bank of Canada introduced a new system of eight «fixed» or pre-specified dates each year for announcing any changes to the official interest rate it uses to implement monetary policy.

This self - reinforcing process could just as easily reverse itself, with slow growth encouraging officials to restrict labor mobility, weakening the transmission of monetary policy and slowing growth even further.

If Fed officials view it as a ceiling, as their statements sometimes suggest, they'll likely tighten monetary policy once they hit it even if they've been missing 2 percent for years and tightening means slowing job and wage growth that has eluded too many workers in recent recoveries.

If you look back at the press release which accompanied our easing of monetary policy in December 1998, you will see it referred to the expectation by official and private forecasters that 1999 would be a worse year than 1998.

That's not sound monetary policy - it's a picnic for insiders, bought and paid for through the abuse of public funds by government officials too unprincipled even to recognize the abuse.

Prior to joining U.S. Bank in 2012, Roosevelt was an associate at the Federal Reserve Bank of New York, where he helped shape monetary policy by providing fixed income, foreign exchange and macroeconomic research to senior Federal Reserve officials.

Thus far in 2005, the dollar has risen back to around 1.30 against the euro, in part reflecting the fact that the US federal funds rate has now risen above the monetary policy rate in the euro area, as well as comments from European officials expressing concerns about the extent of the appreciation of the euro.

Ask any of these Zimbabweans if they see bitcoin as a hedge against «official» monetary policy.

The officials led by bank president Mario Draghi decided that «prudence, patience and persistence with regard to monetary policy remained warranted for underlying inflation pressures to continue to build up.»

It did not take long after the passage of Humphrey - Hawkins for wiser Federal Reserve officials, including Paul Volcker (who became Chair in 1979), to conclude that the «dual mandate,» far from defining a new and sustainable approach to monetary policy, was simply a nuisance — something they had to pay lip service to, whilst really concerning themselves with keeping a lid on inflation, so as to undo and avoid repeating the mistakes of the 70s.

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.

The bad news is that it certainly could happen again, and that it probably will happen so long as many Fed officials insist on treating the inflation rate as an all - purpose indicator of the stance of monetary policy.

Nevertheless, the apparent success of the ECB's policy in overcoming the threat of deflation increased speculation about a potential tightening of monetary policy, possibly even before the cessation of the central bank's bond purchases — scheduled to continue for at least the rest of the year — and in the wake of the ECB meeting pushed market estimates of the odds of a rise in official interest rates before the end of 2017 to more than 50 %.

The official goal of monetary policy, or at least one of them, was to achieve price stability being clearly defined as 2 % inflation (PCE Deflator).

Elsewhere in the Asian region, Indonesia, Korea, Malaysia, the Philippines, Taiwan, Thailand and Hong Kong all lowered official interest rates, while Singapore announced that it too would ease monetary policy by lowering the target trading band for the Singapore dollar.

And he repeated last December's official statement that the Fed intends «to maintain highly accommodative monetary policy as long as needed to support continued progress toward maximum employment and price stability.»

That has prompted experts, as well as some Fed officials, including Williams, to argue that this would be a good time for the central bank to rethink how it approaches monetary policy, something that policy - makers will have to do without Yellen's long experience and expertise in economics.

It is true that our economic growth rates following the 2007 - 2009 recession have not approached the levels seen coming out of previous recessions, and as we shift from highly accommodative monetary policy, even Fed officials have called for additional fiscal - policy support.

Nevertheless, in light of the latest sluggish inflation figures and dovish comments by a number of Fed officials, there was increased skepticism among many market participants about whether policymakers would go ahead and implement another rise in interest rates before the end of the year, as indicated by the Fed's projections for monetary policy.

During the normal and healthy conduct of monetary policy, the measured rate of inflation often deviates from official targets within a range of a percentage point or two because of the challenges of defining, measuring, and hitting a precise inflation target over a short - term period.

Keynes advised the Treasury in both an official and semi-official capacity from 1915, which gave him access to confidential information on financial and monetary policy.

On 19 September 2000, the Bank of Canada published details of its plan to adopt a new system of eight «fixed» or pre-specified dates each year for announcing any changes to the official interest rate that it uses to implement monetary policy.

Meanwhile, certain ECB officials have already expressed their cautious attitude towards monetary policy, so there's nothing really new on that front as well.

The survey was conducted by Germany's digital association Bitkom, which said curiosity and dissatisfaction with official monetary policies were the main reasons for the findings.