Sentences with phrase «of policy adjustment»

World leaders are preparing to confront the Republican tax bill, anticipating that some of its policy adjustments could harm their economies.

Not exact matches

The Whitehorse «progress report» was the latest in small adjustments to Bank of Canada's communications policy that is making the institution less a black box.

Monetary and fiscal policies can help to buffer some of these effects, and help speed up the process by fostering growth in other sectors of the economy, but the adjustment must ultimately take place.»

Policy makers pleaded innocence, saying the adjustment was part of a broader strategy to give markets a larger say in the yuan's value.

«At this point, I don't see this market adjustment spilling over into financial conditions - but Ill be watching carefully,» Kaplan, a non-voting member of the Fed's policy committee, told reporters in Frankfurt.

«Despite this progress on the real side of the economy, from a monetary policy perspective our task is not complete, as we have not yet seen a sustained adjustment in the path of inflation,» Draghi told the audience.

One solution to this problem is to design stronger, more predictable, systematic adjustments of fiscal policy that support the economy during recessions and recoveries (Williams 2009, Elmendorf 2011, 2016).

«Our credit policy adjustments that began in the middle of the first quarter continue to yield benefits, with sequential improvements in both our Provision Rate and 15 + Day Delinquency Ratio.

Most of this deterioration is due to lower revenues (down $ 3.3 billion), new policy initiatives amounting to just over $ 1 billion and an increase in the «risk adjustment factor» resulting in a loss of revenues of $ 1 billion.

Public policy can help in the adjustment process by promoting flexibility in the economy and by reducing some of the costs of change for individuals and communities.

A second reason for the downward adjustment in U.S. interest rate expectations is that U.S. financial market conditions depend, in part, on the stance of U.S. monetary policy relative to monetary policies abroad.

Monetary policy has an important role to play in supporting the economy as it goes through the current period of adjustment.

The Bank of Japan has made modest adjustments to its quantitative easing program, although it has yet to change its policy guidelines.

All these assessments were consistent with what the Board staff had provided and were viewed as likely to continue assuming a continuation of the gradual adjustment in policy.

This would in turn constrain monetary policy, which is critical to minimizing the cost to China of what's likely to be a very difficult adjustment after decades of deeply unbalanced growth.

In the UK, the Bank of England also makes extensive use of a large - scale macro-model, and a significant portion of the policy formulation process is taken up with the discussion of the necessary judgmental adjustments to the equations of the model to reflect current developments.

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.

(2) Reflects 2015 Merger - related adjustments including the change to align Kraft to Kraft Heinz's accounting policy for postemployment benefit plans; incremental amortization resulting from the fair value adjustment of Kraft's definite - lived intangible assets; incremental compensation expense due to the fair value remeasurement of certain of Kraft's equity awards; and, certain deal costs related to the 2015 Merger.

The broad set of Trump's fiscal measures and Republican legislative priorities should be supportive of a strong U.S. dollar, either by boosting growth and tighter monetary policy — or by contributing to an improved trade balance (through looser regulation in the energy sector and / or border adjustments).

We strongly encourage the involvement of community leadership, recognizing that both the development of practical policies and their successful implementation will require adjustments and a tailoring to local conditions.

Because banks held few excess reserves, it took only modest adjustments to the size of the Fed's balance sheet, achieved by means of open - market purchases or sales of short - term Treasury securities, to make credit more or less scarce, and thereby achieve the Fed's immediate policy objectives.

However, he did suggest there would be some «tweaking» of the deal as it relates to Canada-U.S. trade, and he did not address the threat of a border adjustment levy or Buy America policies that can discriminate against Canadian exporters.

Thereby, the increased dependence on central bank liquidity may have weakened the resilience of markets, making them more prone to a (small) shock, such as an adjustment of market expectations on monetary policy.

But even if the ECB does bend to the will of the bond markets this year, and begins to buy sovereign debt directly, the single currency is left with all of the same weaknesses that existed prior to the crisis: the inability to tailor interest rate policy for each individual economy, the lack of foreign currency adjustment needed to offset differences in competitiveness, and growth - limiting trade dynamics throughout the area.

The Bank's intention in making this adjustment is not to end growth, but to keep the setting of monetary policy attuned to the economy's changing needs.

Given a profligate fiscal policy and a low propensity to save among U.S. households (saving more requires income growth to outpace consumption growth), «saving more» is probably not a likely source of adjustment.

This assessment is based on an evaluation of the recent trends in core inflation and likely developments in demand conditions, and takes into account the dampening influence of the monetary policy adjustments since November 1999.

Dan, The fiscal stimulus is an exogenous policy tool designed as an alternative to or a substitute for the endogenous adjustment of the market price.

The limitations of macroprudential policies reflect the potential for risks to emerge outside sectors subject to regulation, the potential for supervision and regulation to miss emerging risks, the uncertain efficacy of new macroprudential tools such as a countercyclical capital buffer, and the potential for such policy steps to be delayed or to lack public support.14 Given such limitations, adjustments in monetary policy may, at times, be needed to curb risks to financial stability.15

Poloz himself has no control over the actions of the markets. And his response to any macroeconomic damage that results is limited to monetary policy adjustments (the next Bank of Canada interest rate decision is September 9), over which the Prime Minister is not supposed to have sway.

But the potential for delays and adjustments to anticipated growth - boosting policies poses risks, and we think the extent of these challenges may be underestimated.

The statement repeated that «with further gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace in the medium term and labor market conditions will remain strong.»

«I expect that with gradual adjustments in the stance of monetary policy, the economy will continue to expand and the job market will strengthen further, supporting faster growth in wages and incomes,» she said.

In this situation it is still possible to appeal on moral grounds for adjustments and improvements of policy.

Today, these values shape the public debate and policy of most industrialized countries and have been imposed on many others through the structural adjustment required by the International Monetary Fund and the World Bank.

Edwards, on the other hand, traces a direct line between the erosion of public sector capacity and the imposition of one - size - fits - all policies of structural adjustment driven by international finance agencies during the Reagan - Thatcher years.

When smaller nations resist, the International Monetary Fund and the World Bank impose structural adjustment policies upon them on pain of their total exclusion from the international economic system.

This ordering is determined by the need to make payments on debts and by the structural adjustment policies of the International Monetary Fund and the World Bank.

The policies of structural adjustment are aimed at freeing the economy and cover privatisation, the opening of the market, deregulation of labour, etc..

The horrible results of structural adjustment are now so apparent that in the World Bank there is some willingness to review these policies.

Another urgent need is to reverse the policies of international economic organizations expressed through structural adjustment that oppose economic self - reliance in developing countries.

Economic Globalization from Above entails countries of the South to accept - within the parameters of the dominant World capitalist system - the imposition of structural adjustment programs, neo-liberal economic policies, including the wholesale liberalization of domestic economies, to allow unrestricted entry to transnational capital.

I'll never forget the church that beautifully integrated words from my blog posts into their liturgy one Sunday morning, or the painter who rendered a chapter from my book into art, or the young man who composed a song around this post, or the pastor who made last - minute adjustments to his Easter service to ensure that women had a voice in proclaiming the resurrection, or the church that changed its policies regarding abuse because of our series on the topic, or those of you who have sponsored children, worked the blessing of «eshet chayil!»

Previous attempts to evaluate the Baby Friendly Initiative within an observational study design have often been limited by small sample size or reliance upon ecological measures of confounding factors.16, 17 The advantage of the Millennium Cohort Study is the availability of individual - level social and demographic information, as well as the circumstances of pregnancy and delivery, allowing adjustment for factors that in other studies may be associated with both policy intervention and infant feeding practices, via area or individual population differences.

In addition to policies aimed at increasing the age at which workerscan retire and encouraging private pensions (central planks of pension reforms in many other countries), the Nordic countries have for several years been focusing on adjustments to the way their pension systems are funded.

The provisions of the new treaty are a far cry from the introduction of foreign policy cooperation in the SEA: for the most part they are small adjustments to fiscal rules that have existed since the 1992 Maastricht treaty.

Because a U-turn of such a scale would be politically difficult I expect that instead there will be a series of minor policy adjustments over the next few months that will be sold as a change in emphasis rather than substance.

And a loan agreement that imposes structural adjustment against the wishes of the domestic political class (not to mention the people) is barely worth the paper it's written on, and is certainly a very poor predictor of what policy changes we'll actually see over the coming years.

But without stronger macroeconomic policies - notably higher non-oil tax collections (to create fiscal space) and a more transparent foreign exchange regime (to facilitate adjustment and promote diversification)- the plan will not meet the objectives of fostering higher growth and employment»

«Ghana is at crossroads and must now decide whether to continue existing policies that will further enrich the wealthy and do little for the poor or to make fiscal adjustments that would lift millions out of poverty and bring them into the agricultural economy in ways that will contribute significantly to economic growth,» Philip Alston said.