The then Chancellor, Alistair Darling, had authorised the Bank in January of that year to set up an Asset Purchase Facility (APF) which would provide a framework for the MPC to use asset purchases for
monetary policy purposes should that prove necessary.
That trend, rather than the published (or «headline») rate which can be affected by «special» factors, is what matters for
monetary policy purposes.
April 12, 2018 — The C.D. Howe Institute's Monetary Policy Council (MPC) called for the Bank of Canada to maintain its target for the overnight rate, the very short - term interest rate it targets for
monetary policy purposes, at 1.25 percent at its next announcement on April 18, 2018.
Since late 2008, the high level of reserve balances has not been actively managed on a day - to - day basis for
monetary policy purposes.
The Bank of Canada uses its own internal economic forecasts for
monetary policy purposes.
Not exact matches
I hold news conferences four times a year and testify often before congressional committees, including twice - yearly appearances that are specifically designated for the
purpose of my presenting a comprehensive
monetary policy report to the Congress.
At a minimum, you don't want to be working at cross
purposes with those tools, and sometimes when those imbalances are economy - wide you're going to want to lean with
monetary policy.
These actually have no
monetary policy impact so we can ignore these for the
purpose of this presentation.
It is a way of reducing the risks that
monetary policy might be misused for short - term political
purposes.
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.
Specifically, the proposed wording gives the Bank the power to purchase any securities or «other instrument «it likes «for the
purposes of conducting
monetary policy or promoting the stability of the Canadian financial system.»
The market also seems to accept the idea that such operations are exclusively for liquidity management
purposes, and contain no messages about
monetary policy.
The
purpose of the Bernanke - Yellen
monetary policy has been to lower longer - term rates and pump up asset prices creating a wealth effect to spur spending and real economic growth.
Output gap: We have discussed at length the most appropriate measure of the Japanese output gap (for policymaking
purposes) and posit that this measure is likely the most appropriate to consider as a
monetary policy input.
Recent events like the Scottish referendum and the election of Jeremy Corbyn, with his support for «people's quantitative easing», have got people talking about the
purpose of
monetary policy and the nature of money itself.
The primary argument for a floating exchange rate is that it allows
monetary policies to be useful for other
purposes.
According to the Board of Governors of the Federal Reserve System, the
purpose of the Fed is to set
monetary policy that stabilizes the U.S. economy and overall financial system.
An emergency fund, in the context of insurance, would refer to the feature in permanent life insurance
policies that allow the insured to withdraw cash for the
purposes of paying unexpected expenses or fulfilling other
monetary needs.