Sentences with phrase «over central bank policy»

Not exact matches

The common currency rose to a two - and - half year high against the dollar on doubts over the U.S. currency but also after European Central Bank President Mario Draghi gave two speeches last week with no indications about the bank's next steps for monetary polBank President Mario Draghi gave two speeches last week with no indications about the bank's next steps for monetary polbank's next steps for monetary policy.

As for deflation, the «unprecedented policy actions» from central banks around the world means falling prices are unlikely over the next several years.

Her testimony before the House Financial Services Committee and the Senate Banking Committee will include the Fed's semi-annual Monetary Policy Report, as Yellen is expected to shed some light on how the Fed views the prospects of the U.S. economy while outlining how the central bank intends to proceed over the next few months.

The Bank of Canada issued a statement clarifying that Carney did not violate any conflict - of - interest rules, but even the appearance of politics mixing with monetary policy could damage the hard - won credibility and independence the central bank has established over the past couple of decaBank of Canada issued a statement clarifying that Carney did not violate any conflict - of - interest rules, but even the appearance of politics mixing with monetary policy could damage the hard - won credibility and independence the central bank has established over the past couple of decabank has established over the past couple of decades.

Puerto Rico isn't big enough to cause systemic damage, and while the situation in China is troubling, the central bank's actions over the weekend at least show that policy makers are on alert.

Central banks have come under fire in recent months over their divergent monetary policies that have left financial markets confused and market watchers skeptical.

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.

On Wednesday a board member of the Bank of Japan said that the central bank should stick with its ultra-easy monetary policy, despite recent signs of economic recovery, because uncertainty remains over how fast inflation will rBank of Japan said that the central bank should stick with its ultra-easy monetary policy, despite recent signs of economic recovery, because uncertainty remains over how fast inflation will rbank should stick with its ultra-easy monetary policy, despite recent signs of economic recovery, because uncertainty remains over how fast inflation will rise.

Several factors about the central bank's revised monetary policy are worth noting, as their effects will play out over the year.

Over 2018, we expect the direction of European fixed income markets to be determined principally by European Central Bank (ECB) monetary policy and the political backdrop, in much the same way as these two factors have dominated 2017.

Significantly, it said its assessment had «not been agreed with the other parties in the policy discussions» — an admission that the fund is at odds with its troika partners, the European commission and the European Central Bank — over the need for debt relief.

The debate prior to this crisis can be (perhaps simplistically) characterised as between those who argued that an inflation - targeting central bank should care about asset prices to the extent that they affected the forecasts of output and inflation over the policy horizon, and those who argued that additional attention needed to be paid to asset prices and the possibility of credit imbalances.

But investors and policymakers will comb over the Fed's policy statement for clues about whether the central bank plans to raise rates more quickly than previously telegraphed.

... The zero - interest - rate and bond - buying central bank policies prevailing in the U.S., Europe, and Japan have been part of a coordinated effort that has plastered over potential financial instability in the largest countries and in private banks.

The fact that Federal Reserve policy statements are pored over by investors was driven home once again when the removal of two words from the prior statement set off an intense debate over the central bank's view of risks to the economy.

Bernanke publicly acknowledged this week a policy conflict with the Treasury over its move to lock in low borrowing costs, which is working at odds with the central bank's efforts to lower long - term interest rates.

Despite very strong economic growth over recent quarters, most Asian central banks have maintained highly accommodative monetary policy settings over the past three months.

With growth prospects for the world economy being revised up and inflation no longer falling, short - term market interest rates have risen on the expectation that central banks will unwind the accommodative monetary policy they had put in place over the previous year or two (Graph 4).

«By their unconventional monetary policy measures central banks have increasingly taken over critical market functions.

TALKING THE TALK Aside from their discussion over the stance of monetary policy, officials likely continued to debate fine - tuning their communications strategy by adopting numerical thresholds for economic variables that would guide the central bank's unconventional stimulus.

The basic idea is that a central bank can build a reputation over time to commit to monetary policy such that inflation lies in the band.

I think over the past 10 years, due to the zero - interest - rate policies by the global central banks, we have had a massive amount of debt issuance that's occurred as investors had been encouraged to go out the curve or down the credit curve in order to seek income, seek yield.

Of course central banks have tried to hand that baton over before and some event has forced them to revert to ever more unconventional forms of monetary policy.

«Finally, in circumstances where a major central bank is continuing to expand its balance sheet or maintaining a large balance sheet over a sustained period, this policy would likely exert downward pressure on term premiums around the globe, especially in those foreign economies whose bonds were perceived as close substitutes.

But the roots are global as well and at least one of the roots is financial repression which is the major central bank's policies over the last nine years of recovery to drop interest rates to zero to buy risk assets, to push investors into risk assets and generate a lot of liquidity and credit.

The central bank cited three main reasons why it expects risks to mitigate over time: income growth, new mortgage finance policy measures and higher mortgage rates.

After confronting the «knowledge problem» at the heart of discretionary monetary policy — that policymakers are unable to know the true structure of an increasingly complex and global economic system — Dorn calls for the establishment of a Centennial Monetary Commission to evaluate the performance of the Fed over its 100 - plus years of discretionary monetary authority and to discuss how best to reform the country's central bank.

Recent policy actions, including today's rate reduction, coordinated interest rate cuts by central banks, extraordinary liquidity measures, and official steps to strengthen financial systems, should help over time to improve credit conditions and promote a return to moderate economic growth.

Hardening its resolve that the days of ultra-cheap money must come to an end, the central bank Tuesday stopped describing higher borrowing costs as a possibility, stating unequivocally that «over time, some modest withdrawal of monetary policy stimulus will likely be required.»

Even in extreme conditions, when financial stability risks constrain monetary policy from achieving the inflation target over a reasonable time frame, a central bank would want to ensure that all macroprudential options were exhausted before trying to address those risks with monetary policy.

Central bank governor Godwin Emefiele described Nigeria's recovery from its worst recession in over two decades as «fragile», warning the country «could relapse in a more protracted recession» if the right policies aren't put in place.

While central bank policy and financial engineering have supported a nearly uninterrupted run - up in stock and bond markets over the last decade, it has also led to significant distortions in the valuation of stock and bond markets.

Historically, the outperformance of value has been associated with a rising interest - rate environment; as the US Federal Reserve Board (sometimes referred to as «the world's central bank» for the far - reaching impact of its policies) attempts to begin raising rates, we see a potential catalyst for a value recovery over our long - term investment horizon.

We are in a rough situation because of errors in government and central bank policy, as well as cultural errors that have favored spending over saving.

Expected inflation is calculated as the average of the current central bank policy rate and exponentially weighted average inflation over the prior 10 - year period.

Recent policy actions, including today's rate reduction, coordinated interest rate cuts by central banks, extraordinary liquidity measures, and official steps to strengthen financial systems, should help over time to improve credit conditions and promote a return to moderate economic growth.

As a result, the central bank sees higher interest rates over time, although some monetary policy accommodation will still be needed to keep inflation on target.

Former judge says European Central Bank could face more legal challenges over policy tools, Reuters

In earlier times, such as the end of the Austro - Hungarian monarchy in 1918, such a process was painful to the newly emerging countries, but not overly complicated: they simply over-printed existing notes with new symbols and created their own central bank over time could make its own monetary policy.

Big news from the Federal Reserve Board's recent Jackson Hole economic summit is that before the current year is over, there's still a chance the central bank will resume a policy of tightening -LSB-...]