Sentences with phrase «much about monetary policy»

With it looking increasingly likely that Larry Summers will be the next Fed chairman, there's been a lot of concern that he hasn't said all that much about monetary policy, and what he has said has sounded a bit hawkish.

Not exact matches

So it seems to me the risk of the economy hitting the recession when monetary policy is not in a position to respond are much greater than they have been previously and therefore, we need to be very cautious about doing anything that would increase those risks.

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.

If, as I have indicated, the U.S. growth and inflation outlooks have not changed notably, then why have expectations about U.S. monetary policy shifted so much?

By the end of the four days, the educators know intimately about the monetary policy process, and they can teach other teachers and their students much more accurately.

Mishkin noted «I am less optimistic about the prospects for core PCE inflation to move much below 2 % in the absence of a determined effort by monetary policy,» adding that «a substantial further decline in inflation would require a shift in expectations, and such a shift could be difficult and time - consuming to bring about.»

As economists, though, we can also agree that this is about much more than monetary policy.

Either way, action or inaction will allow us to make some inferences about Poloz as a central banker that will be very useful going forward — this is a huge learning experience, and the statement, the monetary policy report that accompanies it, and the press conference that follows are much - reads and must - watches.

It is for this reason that I have previously noted some reservations about how much monetary policy can be expected to do to boost growth with lower and lower interest rates.

From the perspective of secular stagnation theory, much of what people worry about in monetary policy is endogenous rather than exogenous — such as zero rates, conditions that give rise to negative long - term rates, decisions to expand balance sheets.

It also means that there is no government or central entity to make discretionary decisions about how much currency to create or attempt to defend it through monetary policy actions.3

But yes, it was almost certainly the biggest area of disagreement between Greenspan and me, much more than any disagreements about monetary policy.

«Learning about micro - and macroeconomics by actually doing it can impart a much richer understanding of what monetary policy looks like and why.»

A return of premium insurance policy can allow an insured person to feel much better about their investment by providing a monetary return if you outlive the insurance policy — a win - win.