Sentences with phrase «policy accommodation»

The summary statement from that meeting mentioned concerns about removing policy accommodation.

It's true that global investors have enjoyed a seven - year bull market in big part due to unprecedented monetary policy accommodation.

This is why I believe that any removal of policy accommodation will prove very difficult.

He said economic progress had made the bank more confident that higher interest rates would be required over time, although some monetary policy accommodation will still be needed.

The greater the amount of policy accommodation, the greater the difficulties of removal.

The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace, with labor market indicators moving toward levels the Committee judges consistent with its dual mandate.

Once more, the Committee showed some division, as it had at the prior meeting, with three FOMC members, Richard W. Fisher, Narayana Kocherlakota, and Charles I. Plosser not supporting additional policy accommodation at this time.

To keep the economy on a sustainable path, I expect that it will be appropriate to remove monetary policy accommodation at a regular but gradual pace — and perhaps a bit faster than the three, one - quarter point increases envisioned for this year in the assessment of appropriate policy from the December 2017 FOMC meeting.

The U.S. Federal Reserve is likely to continue removing policy accommodation gradually and could hike rates three times this year, Dallas Fed President Robert S. Kaplan told a business conference in Frankfurt on Thursday.

Controlled inflationary pressures also support our expectation of further policy accommodation by Asian central banks.

It boils down to this: how easily can the Fed reduce policy accommodation with out derailing the recovery, and will it take less time than it did / will Japan (they are into two lost decades now, are they trying for three?).

I'm confident that we have the necessary tools to withdraw policy accommodation when needed, and that we can do so in a way that allows us to shrink our balance sheet in a deliberate and orderly way.

Bernanke suggested that, «Central Bank communication provides additional means of increasing the degree of policy accommodation when short - term nominal interest rates are near zero.

Particularly during the period of extraordinary policy accommodation — low interest rates and $ 3.7 trillion of bond buying — the Fed sometimes has struggled to communicate its intentions.

Controlled inflationary pressures also support our expectation of further policy accommodation by Asian central banks.

For example, during the first flare - up of the European sovereign crisis back in 2011 (when Greece really did hold systemic risk potential) and when U.S. political discord led to significant fiscal tightening, the Fed offset both of these with even greater policy accommodation.

«The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions,» the Federal Open Market Committee's statement said.

Another burp in the markets, and lessening policy accommodation will be further delayed.

«[M] any participants expressed concern that the low inflation readings this year might reflect not only transitory factors, but also the influence of developments that could prove more persistent, and it was noted that some patience in removing policy accommodation while assessing trends in inflation was warranted.»

The thrust of his argument is that interest rates need to go up as the Fed's been «adding enormous policy accommodation over the past several years» and, even while they've long been missing their inflation target on the downside, there's a risk of getting «significantly behind the curve.»

Inflation remains muted in Europe and Japan, supporting ongoing monetary policy accommodation there.

Therefore, curve flattener reflects the consensus bearish volatility view where asset prices continue to boom under policy accommodation, while curve steepener expresses a bullish volatility thesis where higher term premium (as a result of «quantitative tightening») would reverse policy - induced private capital displacement and «financial adventurism.»

4) The way I understand the FOMC's behavior at present, is that they will drop rates hard for a time, and then remove policy accommodation dramatically once normal economic activity resumes.

The FOMC commits to conditional but potentially unlimited agency residential mortgage - backed securities [MBS] purchases, continues and extends the twist program, and lengthens the period of FOMC Fed funds policy accommodation.

Voting against the action was Charles L. Evans, who supported additional policy accommodation at this time.

The Fed is likely to continue removing policy accommodation gradually and could hike rates three times this year, Dallas Fed President Robert Kaplan said.

The Committee expects that, with appropriate policy accommodation, economic growth will pick up from its recent pace and the unemployment rate will gradually decline toward levels the Committee judges consistent with its dual mandate.

In fact, the minutes note that «some participants viewed the actual and expected progress toward the [Fed's] goals as sufficient to call for a relatively prompt move toward reducing policy accommodation to avoid overshooting the [Fed's] unemployment and inflation objectives over the medium term.»

Voting against the action were Richard W. Fisher, Narayana Kocherlakota, and Charles I. Plosser, who did not support additional policy accommodation at this time.

«This complicates the job for the Fed because it starts to threaten the idea that they can withdraw policy accommodation gradually,» Lawson warned, a day before Trump signed a massive spending bill into law.

The first - and most obvious - reason is that the exit will start from a point of extraordinary policy accommodation, and will involve gradually reducing the amount of stimulus in place, as opposed to initiating a rapid and severe policy tightening.

The Committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions.

For example, during the first flare - up of the European sovereign crisis back in 2011 (when Greece really did hold systemic risk potential) and when U.S. political discord led to significant fiscal tightening, the Fed offset both of these with even greater policy accommodation.

The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions.

«Taking due account of the uncertainties and limits of its policy tools, the Federal Reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability.»

I can't guarantee that we are past the crisis, because we haven't seen what will happen to the economy when the Fed starts to lessen policy accommodation, much less tighten.

expressed concern that the low inflation readings this year might reflect not only transitory factors, but also the influence of developments that could prove more persistent, and it was noted that some patience in removing policy accommodation while assessing trends in inflation was warranted.»

The Fed must be «extraordinarily patient» about reducing monetary policy accommodation, he said, so the job market can return to the strength it had in 2006, before the financial crisis hit.

At a press conference Thursday afternoon, Fed Chairman Ben Bernanke fielded a number of questions from reporters about the open - ended nature of monetary easing, saying, «We're not going to be premature in removing policy accommodation... We're going to give it some time to make the sure the recovery is well established.»

As rates creep higher overseas in response to the gradual removal of policy accommodation in Europe and Asia, foreign buyers will have less incentive to hunt for yield in U.S. bonds.

As Neil Dutta, head of economic research for Renaissance Macro, wrote in a note to clients, Friday's report was the lowest reading in sixth months, and the index has been «below the 50 breakeven level for nine of the last ten months and will likely intensify calls for additional policy accommodation.»

«We can do better,» he said, reiterating that his call for continued monetary policy accommodation is based on optimism about the economy's prospects, rather than pessimism.

We see upside in yields as attention returns to the Fed and some other central banks gradually remove policy accommodation, though structural factors such as aging populations and strong demand for income limit upward moves.

Still - muted inflation and uncertain developments ahead «counsels prudence in the removal of policy accommodation,» Brainard said, according to prepared remarks she was to deliver to The Chicago Council on Global Affairs.

«This progress reinforces governing council's view that higher interest rates will be warranted over time, although some monetary policy accommodation will still be needed to keep inflation on target.»

If you believe that the IS curve slopes up, then what the Bank of Canada says about «monetary policy accommodation» makes sense.

Many investors have been surprised at the complacency in the markets given geopolitical risks (North Korea, for example), domestic political risks (tax reform, trade war, etc.) and central banks in the U.S., Europe and China either removing, or talking about removing, monetary - policy accommodation.

«Methods of Policy Accommodation at the Interest - Rate Lower Bound.»

It will pay to keep an eye on this indicator as a turn up will likely reflect a turn in policy accommodation - whether intentional or not, or a more unambiguous downturn in the economy.