Sentences with phrase «overshooting central bank targets»

Not exact matches

The central bank kept its inflation forecast for this year at 2.7 percent but said that some of its monetary policy committee members «moved a little closer» to their limits for tolerating an overshoot in the bank's inflation target.

Conversely, an unanticipated overshoot on inflation in Europe and Japan, where expectations are still very low relative to central bank targets and deflation, could turn out to be a positive for stock markets.

The transient way that we collect and discuss inflation data may downplay the fact that inflation target overshoots by central banks may errode the spending power of people on a lasting basis.

Fed's Williams says considering raising or replacing 2 % inflation target; reiterates need for fiscal policies; says central banks should target nominal GDP not inflation (More dovish than he has been as he discusses removing the 2 % inflation target, suggesting the Fed is content with overshooting this target to drive growth)

Conversely, an unanticipated overshoot on inflation in Europe and Japan, where expectations are still very low relative to central bank targets and deflation, could turn out to be a positive for stock markets.

The latest set of forecasts from the Fed stirred a little more comment among market participants, particularly the projections for core inflation that were slightly above the central bank's 2 % target in 2019 and 2020, which hinted policymakers might be willing to tolerate such an overshoot if they believed longer - term inflationary pressures were limited.