Sentences with phrase «of global monetary policy»

It stands to reason that whatever short - term gain might be occurring stateside, longer - term pain is the prescription when hyper - inflated valuations meet the diminishing efficacy of global monetary policy.

The United States, for example, can not be isolated from the rest of the world, if it is to keep the dollar at the centre of the global monetary policy.

He provided the illusion of competence in his orchestration of global monetary policy collusion — so long as no one looked behind the curtain.»

But hey, it's the governments» fault, he said: «Global growth has disappointed because the innovation and ambition of global monetary policy has not been matched by structural measures.»

The COMMERCIAL ECONOMIC ISSUES & TRENDS FORUM featured three nationally renowned economists discussing how activity in the U.S. continues to grow at a moderate pace against a backdrop of global monetary policies designed to stimulate economic growth.

Not exact matches

Axel Riedel, head of SPDR ETFs Germany at State Street Global Advisors, told CNBC that Draghi's speech at the Jackson Hole meeting Friday was much more on regulation and reforms rather than on monetary policy.

If all goes well in the European Union, sensible monetary and fiscal policies should eventually reduce global anxieties related to the stability of sovereign debt among certain EU nations.

Eight years after a devastating recession opened an era of loose U.S. monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most of the wounds of the global financial crisis.

The Fed has been a target of some conservative critics in the U.S. Congress, who say the bank risked sparking inflation with its easy monetary policies in response to the global financial crisis.

However, protectionism, unexpected rapid tightening of monetary policy in some countries, and geopolitical tensions in North Korea and the Middle East pose potential risks to global growth, Kuroda said.

While the Fed has indicated it plans to raise short - term interest rates, the uncertain domestic and global economies and the still - loosening monetary policy of central bankers in other countries suggests that rates could remain very low for a long time still.

But AMRO said its outlook is not without risks as it warned of the potential impact of faster - than - expected monetary policy tightening on global financial conditions, and escalation of global trade tensions, on capital flows and borrowing costs.

«Tighter global monetary policy is needed in order to contain inflation pressures and ward off financial stability risks,» the Basel - based central bank of central banks warned in its most recent annual report.

SATURDAY, APRIL 7 CHICAGO - Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before Becker Friedman Institute event, «Financial Stability, the Global Economy, and Monetary Policy, A Discussion with Charles Evans and Lars Peter Hansen» during the University of Chicago Graduate China Forum - 143policy before Becker Friedman Institute event, «Financial Stability, the Global Economy, and Monetary Policy, A Discussion with Charles Evans and Lars Peter Hansen» during the University of Chicago Graduate China Forum - 143Policy, A Discussion with Charles Evans and Lars Peter Hansen» during the University of Chicago Graduate China Forum - 1430 GMT.

Emerging markets also account for over 50 % of world GDP, and have been responsible for the lion's share of global growth ever since the 2008 financial crisis, but capital has flooded out of them as the Federal Reserve has tightened its monetary policy and the limits of China's economic model have become apparent.

It finds that, despite the significant impact on domestic financial conditions of global shocks, countries retain influence to achieve domestic objectives — specifically, through monetary policy.

Description: The October 2014 Global Financial Stability Report (GFSR) finds that six years after the start of the crisis, the global economic recovery continues to rely heavily on accommodative monetary policies in advanced econGlobal Financial Stability Report (GFSR) finds that six years after the start of the crisis, the global economic recovery continues to rely heavily on accommodative monetary policies in advanced econglobal economic recovery continues to rely heavily on accommodative monetary policies in advanced economies.

The IMF cites a number of risks to their optimistic outlook for the next two years, risks that are more concerning for the medium term (2020 and beyond), including geopolitical strains, a sudden and severe tightening of monetary policies, waning popular support for global economic integration, and a move toward protectionist trade policies that would impact global trade.

This observation is important because it highlights the potential for an evolving global environment to complicate the challenge of crafting economic policy, and in particular, monetary policy.

The fact is that policy actions — both monetary and fiscal — taken in the wake of the global financial crisis prevented what would have been a second Great Depression.

The global financial crisis, like the Great Crash of 1929, also reflected widespread regulatory shortcomings and other weaknesses in a number of countries.1 But it is likely that monetary policy played at least a contributing role in encouraging the buildup of leverage and asset prices in a fragile financial system.

During the years since the global financial crisis, we have been doing a lot of thinking and research to improve our understanding of the nexus between monetary policy and financial stability.

Posted by Nick Falvo under Bank of Canada, banks, China, Conservative government, economic crisis, economic growth, employment, exchange rates, financial markets, GDP, global crisis, interest rates, international trade, labour market, macroeconomics, manufacturing, monetary policy, recession, Role of government, unemployment, US.

Hector Valdez Albizu, Governor, Central Bank of Dominican Republic, spoke with Global Finance magazine editor Andrea Fiano about the country's fiscal and monetary policies, relations with the IMF and the road ahead for Dominican Republic's economy.

Perhaps it makes sense to conclude with the more general observation that changes in the size of global capital flows and the accompanying imbalances increase the importance of sustaining the credibility of monetary policy, because they increase the costs of a loss of credibility or a negative shock to credibility.

Posted by Nick Falvo under Bank of Canada, budgets, China, Conservative government, deficits, economic crisis, economic growth, employment, exchange rates, federal budget, fiscal policy, global crisis, household debt, IMF, interest rates, labour market, macroeconomics, manufacturing, monetary policy, recession, stimulus, unemployment.

Our Multi-Asset Solutions CIO Ed Perks, Head of Equities Stephen Dover and Templeton Global Macro CIO Michael Hasenstab recently recorded a podcast discussing the changing fiscal and monetary policy conditions in the year ahead.

These challenges include the persistent strength of the Canadian dollar, which is being influenced by safe - haven flows and spillovers from global monetary policy.

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

Finally, as a recent report from the Committee on the Global Financial System (CGFS) describes in detail, central bank monetary policies have a clear impact on the volume of repo.

Posted by Arun DuBois under banks, budgets, deflation, economic crisis, economic growth, economic literacy, federal budget, fiscal policy, global crisis, monetary policy, recession, Role of government.

The speech goes on to outline some of the economic surprises that came to pass in the intervening years, including: the «mining boom mark II»; the further significant rise and then subsequent fall in Australia's terms of trade; and the search for yield in global capital markets driven by ongoing ultra-easy monetary policy in the major economies.

Concerns about global trade tensions between China and the U.S. and the fear that the stellar earnings could be as good as it gets for stocks are all combining to undermine the sort of confidence that was in abundance during last year's run of repeated records for equity benchmarks, as the U.S. economy enters it ninth year of expansion and as the Federal Reserve moves to normalize monetary policy from crisis - era levels.

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.

Global monetary policy remains broadly accommodative — and in some areas more and more so — propelling equity markets ever higher and leaving a record amount of sovereign debt around the world (almost US$ 12 trillion by midyear) yielding at or below zero (source: Fitch Ratings, as of 6/29/2016).

This prolonged a surge in global financial markets over the last two years, occurring against a backdrop of low growth and unusually accommodative monetary policies in advanced economies.

Additionally, based on the theme of monetary policy divergence on a global basis, we would anticipate that, all things equal, the US dollar will likely strengthen versus other developed markets» currencies, particularly over the longer term.

Also weighing on the dollar was the global economic upswing that has encouraged central bankers in Europe and Asia to take the first steps toward normalizing monetary policy after years of monetary stimulus.

While base rates kept at or close to zero for almost seven years and three massive asset - buying programs by the Fed have undoubtedly helped stabilize the US (and world) economy during and after the recession that followed the global financial crisis, the continuation of expansionary monetary policies is now supporting a growing excess of global liquidity that has been distorting the market signals sent by stock and bond prices and thus contributing to the growing volatility seen in recent weeks.

«Respondents... generally agree about monetary policy, but there is no clear consensus about most fiscal issues,» said Jay Bryson, global economist at Wells Fargo Securities and chair of the NABE's policy survey committee.

Recently, the Bank of International Settlements (BIS), the principal bank to the world's central banks, hinted at the need for microeconomic reform when it warned that central banks were «overburdened» and called for policies other than monetary stimulus and low interest rates to tackle the issue of slow global growth.

Also in 2015, divergence in monetary policies unsettled developed currency markets: the European Central Bank and the Bank of Japan continued quantitative easing programs while the Federal Reserve rhetorically led markets on a long, slow walk to the first increase in the fed funds rate since the global financial crisis.

In addition, commodities have struggled under the weight of a stronger dollar, a trend likely to continue given long - term global trends such as divergent monetary policies.

My firm, 720 Global, has repeatedly urged caution as valuations are currently stretched on the back of reckless Federal Reserve monetary policy and poor economic fundamentals.

Posted by David Macdonald under Bank of Canada, banks, democracy, economic crisis, financial crisis, financial markets, financial regulation, fiscal policy, global crisis, monetary policy.

At least in part, this reflects lower - than - expected global growth and inflation, which has led to a prolonged period of very low interest rates and unconventional monetary policies in the major economies.

Like other central banks in advanced countries, the Bank of Japan (BOJ) adopted an unconventional monetary policy after the 2007 — 2009 global financial crisis (GFC).

Key monetary indicators in the United States, Europe, Japan, and China are flashing signals of an economic slowdown later this year, raising fears of a global recession in 2019 and a stock market slump without a shift in policy.

In fact, the divergences in global economic performance — one of those being that U.S. monetary policy would tighten while European monetary policy would loosen — actually look very much like an explanation for what already happened last year.

The speech starts by setting out three key themes of the Bank's recent communication about Australia's transition from the resources sector boom to more normal economic conditions: that the sheer scale of the boom means that this transition is challenging, and that the broader global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances of success would be boosted by a lift in productivity growth and an increase in the expected risk - adjusted rate of return on investment.