Sentences with phrase «objectives of price stability»

Financial conditions affect households» and firms» decisions, so that the transmission of U.S. monetary policy to the real economy depends, to a large extent, on how changes in monetary policy help deliver the appropriate financial market conditions to support our objectives of price stability and maximum employment.

Not exact matches

As he prepares to leave his position in June, Dudley said in a speech that he feels confident that the policymaking Federal Open Market Committee is close to its objective of full employment and price stability.

In the UK, New Zealand and Europe, there is a clear lexicographic ranking of the real and nominal objectives, with the primary goal of the RBNZ, the Bank of England and the ECB being price stability, while real economy goals are given a subordinate weighting.

It seems to me if the Fed continues to give its first priority to price stability, manifested in decisions to raise rates under questionable decision rules that elevate inflation - fighting over full employment, it will be pursuing policy objectives at odds with the wishes of the American people.

Three objectives of the Board are to best contribute to: the stability of the currency (which means price stability), full employment, and the economic prosperity and welfare of the people of Australia.

For example, the Bank of England Act 1998 states that the objectives of the Bank of England shall be (a) to maintain price stability, and (b) subject to that, to support the economic policy of Her Majesty's Government, including its objectives for growth and employment.

Only as we became confident that the recovery was securely established, would I expect our monetary policy stance to evolve to ensure that it remained appropriate to achievement of our objective: maximum sustainable employment in the context of price stability.

These objectives allow the Reserve Bank Board to focus on price (currency) stability while taking account of the implications of monetary policy for activity and, therefore, employment in the short term.

Without compromising the price stability objective, the Reserve Bank seeks to use its powers where appropriate to promote the stability of the Australian financial system.

In pursuing the goal of medium - term price stability, both the Reserve Bank and the Government agree on the objective of keeping consumer price inflation between 2 and 3 per cent, on average, over the cycle.

In pursuing the goal of medium term price stability, both the Bank and the Government agree on the objective of keeping consumer price inflation between 2 and 3 per cent, on average, over the cycle.

Under the gold standard, the lender of last resort (and the related liquidity management) functions were closely intertwined with the price stability objective.

We believe that a high degree of economic confidence for the euro zone will lead the ECB to hike rates next year, even though inflation will likely remain far from the bank's price - stability objective.

Mr Martey said among the primary objectives of the central bank was to ensure price stability in the form of low inflation and a stable currency, while the secondary objective was to support the growth and development of the economy.

Below is a summary of the overall lesson objectives: Students will understand the main objectives of government macroeconomic policy: economic growth, price stability, minimising unemployment and a stable balance of payments on current account.

The lesson sets out to answer the following learning objectives: * All Students will know how inflation levels are measured * Most Students will know the different problems caused by inflation * Some Students will know the difference between cost push and demand pull inflation The lesson helps students fully understand the key concepts of inflation and covers the following topics in good detail: * Inflation * Retail Price Index (RPI) * Cost push inflation * Demand pull inflation * Price stability The 2nd lesson then goes on to link key theory to the housing market (a typical exam topic) and how inflation can impact that industry.

«With progress towards its statutory objectives of maximum employment and price stability disappointingly slow in the fall of 2010, most Committee members judged it appropriate to provide additional monetary accommodation.

In a press conference following the announcement, Yellen said she and her colleagues «[recognized] the considerable progress the economy has made toward our dual objectives of maximum employment and price stability».

«Most participants judged that the benefits of using monetary policy to address threats to financial stability would typically be outweighed by the costs associated with deviations from the Committee's employment and price - stability objectives induced by such actions; some also noted that the benefits are highly uncertain.»

The Court held that objective of the stability mechanism, namely to «safeguard the stability of the euro area as a whole», is «clearly distinct» from the objective of monetary policy, that is, to maintain «price stability».

«-LSB-... t] he objective pursued by [the ESM], which is to safeguard the stability of the euro area as a whole, that is clearly distinct from the objective of maintaining price stability, which is the primary objective of the Union's monetary policy.