Sentences with phrase «of policy cycles»

Those of us in positions of situational authority need to pay serious attention to how our agencies can generate greater policy innovation at the start of the policy cycle while, at the other end, pursuing administrative innovation to improve our delivery capabilities.

At the end of our five years of funding we hope to have provided a good deal more evidence on all aspects of the policy cycle and the ways in which policies interact to affect health equity.

Not exact matches

Milton Friedman, may he rest in peace, used to argue that the pursuit of discretionary policy actions by the Fed actually increases the amplitude of a business cycle.

In total, they will invest a historic $ 400 million in the politics and policy arm of the network, 60 percent more resources than they've ever spent during a cycle.

Canadian Centre for Policy Alternatives says uncertainty, temp agencies create cycle of undermployment

«Business cycles do not succumb to age alone but rather to a confluence of factors like falling corporate profit margins, slowing productivity growth, and a sharp rise in real policy rates into positive territory.»

The attractiveness of European banks is being affected by: They are late in the cycle compared to U.S. banks, they have yet to deal with legacy issues from the crisis, and the ECB is still in a state of accommodative policy.

There are three main factors affecting the attractiveness of European banks, according to analysts: They are late in the cycle compared to U.S. banks, they have yet to deal with legacy issues from the crisis, and the ECB is still in a state of accommodative policy, which limits banks» returns.

The PPI report suggested that that policy, and others like it, left people in poor communities with criminal records, setting of a cycle of instability and criminal involvement.

In contrast, the U.S. Federal Reserve is in the middle of a rate - hiking cycle although no changes to monetary policy are expected when the bank concludes a two - day meeting on Wednesday.

And although Axelrod brought up the example of ABC's George Stephanopoulos pressing Trump on various policy positions, Stewart said the «relentlessness» of the cycle requires a constant and equal counterweight.

The last time a Liberal government entered an election in the middle of a monetary policy tightening cycle was in 2006; that year, the Conservatives defeated them.

Outspoken in the world of conservative politics and public policy, the Koch brothers, who have a combined net worth of $ 95.8 billion, are advocates for smaller government and routinely fund political campaigns, although they took a step back during the 2016 election cycle.

And though most of us aren't politicians or policy makers, we can all contribute to stopping this cycle — the surest way is to start with the only thing we can truly control: our own reactions, behaviors and choices.

Chinese policy shifts may cause tectonic effects, but one virtue of their system is their big plans don't switch with each election cycle.

The «Joe Six - Pack» world sees President Trump's proposed policies of fiscal stimulus, infrastructure spending, deregulation and protectionist measures along with a Fed rate hike cycle.

Partly because most inflation problems were demand driven over the course of the cycle, there was a continuing belief that if the cycle could be smoothed, inflation would be contained, and both fiscal or monetary policy were available instruments in addressing the cycle.

As credibility builds over time, monetary policy does not have to respond to every hint of inflation, knowing that the small fluctuations in inflation over the course of the cycle will not have any permanent effects.

In short, the arguments about the difficulties of influencing activity should make central bankers cautious and modest about their role as cyclical stabilisers, but do not excuse them from taking the cycle into account in setting policy, and doing what they can to lop peaks and fill troughs.

Such approaches could be designed to be revenue - neutral over the business cycle; they also could avoid past debates over fiscal stimulus by separating decisions on countercyclical policy from longer - run decisions about the appropriate role of the government and tax system.

The relationship between monetary policy and financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.

We believe that it will truly benefit the individual to continue learning about the ever - changing landscape of business cycles, trends, technology, domestic / foreign industries, and government policies.

But if by taking a run at Mark Carney, these Liberals have initiated a never - ending cycle of speculation about the possible political ambitions of future Governors of the Bank of Canada, they will have weakened — perhaps fatally — the foundations of Canadian monetary policy.

[16:00] Pain + reflection = progress [16:30] Creating a meritocracy to draw the best out of everybody [18:30] How to raise your probability of being right [18:50] Why we are conditioned to need to be right [19:30] The neuroscience factor [19:50] The habitual and environmental factor [20:20] How to get to the other side [21:20] Great collective decision - making [21:50] The 5 things you need to be successful [21:55] Create audacious goals [22:15] Why you need problems [22:25] Diagnose the problems to determine the root causes [22:50] Determine the design for what you will do about the root causes [23:00] Decide to work with people who are strong where you are weak [23:15] Push through to results [23:20] The loop of success [24:15] Ray's new instinctual approach to failure [24:40] Tony's ritual after every event [25:30] The review that changed Ray's outlook on leadership [27:30] Creating new policies based on fairness and truth [28:00] What people are missing about Ray's culture [29:30] Creating meaningful work and meaningful relationships [30:15] The importance of radical honesty [30:50] Thoughtful disagreement [32:10] Why it was the relationships that changed Ray's life [33:10] Ray's biggest weakness and how he overcame it [34:30] The jungle metaphor [36:00] The dot collector — deciding what to listen to [40:15] The wanting of meritocratic decision - making [41:40] How to see bubbles and busts [42:40] Productivity [43:00] Where we are in the cycle [43:40] What the Fed will do [44:05] We are late in the long - term debt cycle [44:30] Long - term debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth of the top 1 % of wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the country is in a bind [49:10] What are the overarching principles that bind us together?

If there is a danger that monetary policy will be seen as «too difficult», there is also a risk that too much will be expected of it or, at least, that its success or failure will be judged against an impossibly - high standard: it can't cure the business cycle; it can't reduce inflation costlessly; and it can't be operated with surgical precision.

Looking back on a cycle and trying to assess, ex post, whether monetary policy operated for good or ill, we won't be able to identify the separate impact of monetary policy with any precision.

While a tight labor market provides definite advantages — such as employment opportunities for workers who have struggled to find a job — nonetheless, providing too much stimulus from either monetary or fiscal policy at this stage of the economic cycle could threaten to create a so - called «boom and bust» economy, which policymakers certainly want to avoid.

The defining feature of the recent half - cycle is that monetary policy, regulatory policy and proposed tax policy have all very intentionally nourished the primitive, untethered, speculative Id of Wall Street.

In the recent advancing half - cycle, the speculation intentionally provoked by zero - interest rate policy forced us to elevate the priority of market internals to a far greater degree than was required during the tech and mortgage bubbles.

The main difference between this half - cycle and prior cycles was zero - interest rate policy, so in 2014, we imposed the requirement that, in an environment of zero interest rates, market internals have to deteriorate explicitly before adopting a negative market outlook.

In talking about monetary policy's contribution to the management of the economic challenges, the speech notes the recent increases in mortgage rates of the commercial banks, outside of the cycle of changes in the cash rate.

The Bank of Canada is better - placed to deal with business cycle policy than the Department of Finance.

The Fed could have cut its policy rate in both meetings and signaled it was committed to a cycle of easing.

«Having learned its lesson, the Fed is trying to convince markets that getting off zero is not necessarily the start of a traditional policy tightening cycle,» says Zentner.

Tighter policy increases the chances of moving into the late cycle — a period when investment performance has historically been the most mixed.

This approach allows a role for monetary policy in dampening the fluctuations in output over the course of the business cycle.

There are a number of factors behind this seasonal weakness, including harsh winter weather, idiosyncrasies in the corporate capital expenditures cycle and the timing of monetary policy changes since the crisis.

Implied volatilities gradually declined around the world in the second half of 2003, as it became clearer that the easing cycle was drawing to a close, with some central banks beginning to tighten monetary policy after a prolonged period of relatively low and stable interest rates.

In an earlier blog post, we provided a brief survey of recent monetary policy cycles in the U.S., showing that a higher Fed funds rate doesn't necessarily affect the yield on Treasury bonds in the same way.

As you know, since 1993 the Bank has been framing its monetary policy around a medium - term target for inflation of 2 — 3 per cent, on average, «over the cycle».

The current investment policies of these institutions perpetuate a cycle of investing that not only immortalizes the gender imbalance, but also results in missing out on the financial outperformance of first - time, smaller and diverse VC funds.

The implementation of an expansionary fiscal package aimed at boosting growth at this relatively late stage in the economic cycle would also probably move the dial on monetary policy, but we would caution that the prospect of agreement on such legislation remains some way off and may well prove too difficult to achieve.

The implementation of an expansionary fiscal package aimed at boosting growth at this relatively late stage in the economic cycle would likely also move the dial on monetary policy, but we would caution that the prospect of agreement on such legislation remains some way off and may well prove too difficult to achieve.

In social policy, the Party is committed to breaking the cycle of poverty by developing a «living wage» policy that is sufficient to allow workers to support their families; make changes to the welfare system to encourage people on social assistance to move beyond poverty, such as allowing some benefits to remain until they are firmly established in the workplace; and reviewing the housing component of Alberta Works social assistance to bring it in line with the current reality of the Alberta housing market.

From this standpoint, it is encouraging to see correlations returning to normal as major central banks normalize monetary policy — a natural part of the economic cycle.

Do Fed policy makers really expect a quiescent market reaction to the potential removal of THE key subsidy of the current economic and financial market cycle?

In an experiment that will ultimately have disastrous consequences, the Federal Reserve's policy of quantitative easing intentionally encouraged yield - seeking speculation in this cycle far beyond the point where these warning signals emerged.

Although U.S. interest rates could stay lower than in previous rate cycles as Fed policy very slowly normalizes, investors remain concerned about the impact of rate increases on their fixed income returns.

Finally, we believe that adding fiscal stimulus this late in the business cycle warrants concern, because any sign of weakening growth likely will need to be addressed through more aggressive monetary policy in the future, at least in the short term.

As a result, we believe the Fed's ultimate target for interest rates when normalizing monetary policy could remain relatively low, unless pricing pressures that are more typical of previous late - cycle economic expansions start to emerge.