Sentences with phrase «of stable inflation»

Not exact matches

Silverstein: And so if you're in a period of low and stable inflation, the valuations don't look that overvalued.

Now what we're seeing is a far more stable growth of inflation, and they're trying to reform to get into the capital market so they have to keep it under control.

However, when we look at valuations and compare them to periods of low and stable inflation, it only looks like it's about 20 % overvalued.

We may eventually end up in a situation like that, not where you necessarily have sustained inverted curves, but where you see a more aggressive business cycle going through the front end of the curve, relatively stable long rates, and the reason for that would be that people are pretty comfortable that inflation is going to be reasonably grounded.

For a couple of decades, most central bankers thought that all they had to do to engineer a stable economy was hit their inflation targets.

It's the Fed's mandate to promote a stable currency (2 % inflation per year) and full employment (unemployment between 5.2 % and 5.5 % now, but this is more of a moving target).

Although the country dealt with a series of financial crises and rampant inflation from 1993 to 2002, she says «the last ten years were more stable.»

For investors, the real estate sector offers several benefits, including a potential hedge against inflation and a relatively stable source of income.

The improved credibility of the central bank's commitment to keep inflation low and stable should, in turn, allow it to deliver better inflation outcomes with fewer short - run costs to economic growth and employment.

But none of globalization's effects on inflation, not even the potential reduction in inflationary bias, diminish the importance of the principal objective of central banks: setting policy to achieve low and stable rates of inflation over time.

For the past quarter century, the Bank of Canada has had the responsibility of using monetary policy to achieve low, stable and predictable inflation, a goal cemented in our 2 per cent inflation target.

Indeed, the recent spurt of integration has occurred during a sustained period of relatively strong global growth, relatively stable and low inflation, and, although less widespread, a reduction in the volatility of growth.

The fact that core inflation has been broadly stable over recent months in the face of the earlier declines in energy and non-energy import prices is notable.

The figure includes the unemployment rate, the Fed's estimate of the «natural rate» — the lowest unemployment rate they believe to be consistent with stable inflation at the 2 % target — year - over-year wage and price growth (using the core - PCE deflator, the Fed's preferred inflation benchmark right now).

I should make it clear that this is not part of the Bank of Canada's monetary - policy remit, which is to keep inflation low, stable and predictable, allowing Canadians to make spending and investment decisions with confidence.

To conclude, over the past decade and in a very volatile world, Australia has achieved the inflation target, avoided a major economic downturn, seen remarkably little variability in real economic activity in the face of enormous shocks, experienced a fairly low average rate of unemployment, and had a stable financial system as well.

The figure below shows some of the key indicators from the Fed's dashboard, including unemployment, the Fed's guess at the «natural rate» (the lowest unemployment rate consistent with stable inflation), actual inflation (PCE core, the Fed's preferred gauge), and the Fed's inflation target of 2 percent.

Instead, it is the result of nearly two decades of having delivered low and stable inflation.

«u *» is econo - shorthand for the so - called «natural rate» of unemployment, or the lowest unemployment rate consistent with stable inflation.

International investments, particularly investments in emerging markets, may carry risks associated with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be or become illiquid.

Consumer prices, usually more stable than producer prices, have also accelerated on a similar basis from a recorded inflation rate of less than 1.0 percent last summer to 2.4 percent over the 12 - months ended this past March, also a smart acceleration in a brief time.

If matched properly, if properly regulated, there'd be no inflation / deflation problem while the dual mandate of maximum employment with a stable economy is achieved.

Headline unemployment in the U.S. has already moved below the non-accelerating inflation rate of unemployment (NAIRU)-- the rate of unemployment at which inflationary pressures are stable.

By focusing on our mandate to keep inflation low, stable and predictable, the Bank has built up credibility, and Canadians have well - anchored inflation expectations, even in the face of large price swings.

«Over the majority of the time period, we've seen a benign inflation period characterized by stable to falling interest rates,» he said.

In turn, an environment of low, stable and predictable inflation allows productivity - enhancing investments in physical and human capital.

«Among the characteristics needed to join the elite group are stable macroeconomic policies,» says Kate Phylaktis, director of the Emerging Markets Group at Cass Business School, City University of London, adding «prudent fiscal policy, low inflation and a stable currency, political stability, good - quality institutions, good infrastructure (especially transport) and above all, education.»

The Bank of Canada will continue to focus on what it does best: supporting the economic and financial well - being of Canada by achieving low, stable and predictable inflation; by keeping core financial market infrastructure safe; and by giving sound advice on financial sector policies so that vulnerabilities do not get in the way of sustainable, productive growth for all Canadians.

To achieve our monetary policy goal of low, stable and predictable inflation at the 2 per cent target rate, our economy should operate at, or close to, its productive capacity.

Three popular explanations are offered to justify the high level of share prices: that profits will grow faster; that the economy and hence equities have become less risky; and that lower, more stable inflation will reduce real interest rates.

Inflation is what matters most for the Bank of Canada, whose primary job is to keep prices stable, something it defines as annual price increases of about two per cent.

Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in June (3.2 %, stable compared with May), followed by energy (1.6 % compared with -0.2 % in May), services (1.4 % compared with 1.5 % in May) and non-energy industrial goods (0.7 % compared with 0.8 % in May).

Canada's policy of low, stable and predictable inflation has served Canadians extremely well.

The assumption that these goals were perfectly compatible rested, at least implicitly, on legislators» belief in the presence of a stable Phillips Curve, implying a negative relationship between the rate of inflation and the rate of unemployment.

The central objective of policy, most mainstream economists believed, should be to achieve a low and relatively stable rate of inflation, since there were no permanent gains to be had from higher inflation.

The best outcome would be a mild equity correction or bear market that coincided with a stable or falling rate of inflation.

In this way, we can arrive at a crude understanding of the paradox of disconnection: how volatile and often rapid monetary growth rates can be consistent with seemingly low and stable inflation outcomes.

It's better to pay down loans borrowed with dollars that have lost value due to inflation while prices of goods remain stable.

If it can pull it off, it will be behind one of those technologies that could truly change the world: independent, stable, secure and inflation - resistant money.

The economy experiences periods of rising inflation, disinflation (i.e., declining inflation), deflation (i.e., negative inflation), reflation (i.e., increasing inflation inside of deflation), and price stability (i.e., low, stable inflation).

Since profits are generally still rising when the Fed takes its foot off the pedal, stable or declining inflation rates help sustain P / E ratios as demonstrated by the Rule of 20 (inflation in green below).

The Fed's legal mandate is to minimize unemployment and keep prices stable; the Fed has set a long - term inflation target of 2 percent per year.

However, digging a little more into the history book, I found that in 6 of the 8 years when the S&P 500 rose during the initial rate hike, inflation was actually diminishing or stable (2004).

Measures of inflation expectations have been relatively stable for some time (Graph 73).

With the dampening effect of the appreciation on domestic inflation still having further to run, our current assessment is that underlying inflation will decline to around 1 1/2 per cent during 2004 (assuming the exchange rate remains stable at around its current level).

He explained that the most important attribute of currency is trust and that, despite inflation, people trust fiat money issued in a stable economy, like the United States dollar.

We will expect the figures to have an influence on the EUR, with any hint of a pickup in inflation and stable economic growth through the 1st quarter the best outcome for the EUR and those looking for Draghi to begin shifting on policy towards interest rates.

Looking back over the past 25 years, a period of low and stable inflation, stock / bond correlation has generally moved in tandem with monetary policy, as measured by the effective federal funds rate.

George Selgin has worked out the theory of competitive free banking in detail, and he argues that such a system would be stable, inflation resistant and self - regulating.

The cedi has been stable for one of the longest periods ever, expenditure has gone down, revenue has gone up, the deficit is coming down, inflation is slowing, and so on the macro level, there is stabilization taking place.