Sentences with phrase «percent inflation objective»

It makes me somewhat more confident that overall inflation will return to our 2 percent inflation objective over the medium term as long as the economic growth that I expect actually materializes.

Not exact matches

Its rate - setting committee said inflation had «moved close» to its target and that «on a 12 - month basis is expected to run near the Committee's symmetric 2 percent objective over the medium term.»

On inflation, the statement removed the word «somewhat» from June's verbiage and said simply that inflation was running «below 2 percent,» a subtle tweak that nonetheless probably signifies officials are a bit more pessimistic about reaching their mandated objectives.

The fact that the Fed has not been able to achieve its twin objectives of maximum employment and 2 - percent inflation suggests the need for lower rates, he said.

The Fed statement said: «The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.»

Inflation on a 12 - month basis is expected to run near the Committee's symmetric 2 percent objective over the medium term.

In contrast, core inflation has been broadly stable, with the core PCE deflator rising by 1.6 percent over the past four quarters, moderately below our 2 percent objective.

Moreover, peoples» expectations of inflation remain well anchored at levels consistent with our 2 percent longer - run objective.

Inflation, as measured by the personal consumption expenditure deflator, is currently well below the Federal Reserve's objective of 2 percent.

In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its objectives of maximum employment and 2 percent inflation.

At the same time, he said, the Fed is not the world's central bank, and will calibrate policy based on its domestic objectives of fostering full U.S. employment and 2 percent inflation.

Since 1991, the Government and the Bank of Canada have jointly agreed that the central objective of monetary policy should be for the Bank of Canada to target an inflation rate of 2 percent.

It simply needs to assert that its objective is to assure that inflation averages 2 percent over long periods of time.

The latest FOMC statement noted that near - zero inflation could be a problem for the US economy: «The Committee recognizes that inflation persistently below its 2 percent objective could pose risks to economic performance, and it is monitoring inflation developments carefully for evidence that inflation will move back toward its objective over the medium term.»

In its statement, the Fed expressed confidence that a recent rise in inflation to near the U.S. central bank's target would be sustained, leaving it on track to raise borrowing costs in June, while it also said inflation «on a 12 - month basis is expected to run near the Committee's symmetric 2 percent objective over the medium term.»

«In determining whether it will be appropriate to raise the target range at its next meeting, the committee will assess progress - both realized and expected - toward its objectives of maximum employment and 2 percent inflation,» the Fed said in a statement after its latest two - day policy meeting.

But the FOMC said that «inflation on a 12 - month basis is expected to run near the committee's symmetric two percent objective over the medium term.»

Mr. Speaker, based on our policy objective of ensuring macroeconomic stability, and growing the economy for job creation, whilst protecting social spending, the following macroeconomic targets are set for the 2018 fiscal year: • Overall GDP growth rate of 6.8 percent; • Non-oil GDP growth rate of 5.4 percent; • End period inflation rate of 8.9 percent; • Average inflation rate of 9.8 percent; • Fiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and services

The Committee recognizes that inflation persistently below its 2 percent objective could pose risks to economic performance, but it anticipates that inflation will move back toward its objective over the medium term.

The Committee also anticipates that inflation over the medium term likely would run at or below its 2 percent objective.

also anticipates that inflation over the medium term likely will run at or below its 2 percent objective.

recognizes that inflation persistently below its 2 percent objective could pose risks to economic performance, but it anticipates that inflation will move back toward its objective over the medium term.

«[T] he possibility was raised that monetary policy actions or communications over the past couple of years, while inflation was below the Committee's 2 percent objective, may have contributed to a decline in longer - run inflation expectations below a level consistent with that objective.»

Inflation has continued to run below the Committee's 2 percent longer - run objective, partly reflecting earlier declines in energy prices and in prices of non-energy imports.

Inflation has continued to run increased somewhat since earlier this year but is still below the Committee's 2 percent longer - run objective, partly reflecting earlier declines in energy prices and in prices of non-energy imports.

The Committee recognizes that inflation persistently below its 2 percent objective could pose risks to economic performance, and it is monitoring inflation developments carefully for evidence that inflation will move back toward its objective over the medium term.

Inflation has continued to run below the Committee's 2 percent longer - run objective, partly reflecting declines in energy prices and in prices of non-energy imports.

In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its objectives of maximum employment and 2 percent inflation.

Inflation has continued to run below the Committee's 2 percent longer - run objective, partly reflecting earlier declines in energy prices and falling prices of non-energy imports.

Inflation on a 12 - month basis is expected to remain somewhat below 2 percent in the near term but to stabilize around the Committee's 2 percent objective over the medium term.

In determining how long to maintain this target range, the Committee will assess progress — both realized and expected — toward its objectives of maximum employment and 2 percent inflation.

The Committee also anticipates that inflation over the medium term likely will run at or below its 2 percent objective.

the current 0 to 1/4 percent target range for the federal funds rate, the Committee will assess progress — both realized and expected — toward its objectives of maximum employment and 2 percent inflation.

Inflation has increased since earlier this year but is still below the Committee's 2 percent longer - run objective, partly reflecting earlier declines in energy prices and in prices of non-energy imports.

In determining how long to maintain the current 0 to 1/4 percent target range for the federal funds rate, the Committee will assess progress — both realized and expected — toward its objectives of maximum employment and 2 percent inflation.

Inflation on a 12 ‑ month basis is expected to remain somewhat below 2 percent in the near term but to stabilize around the Committee's 2 percent objective over the medium term.

The Federal Reserve in September said that it anticipates that inflation over the medium term likely would run at or below its 2 percent objective.