Sentences with phrase «policy moves by»

Furthermore, one can see the surges in bank credit accompanying these periods and tie them to specific policy moves by the authorities: The Treasury stimulated inflation in the early 1900s; the Fed deliberately inflated in the roaring 1920s to take the pressure off the British pound (which had been devalued during World War I); the Roosevelt administration took the reins off inflation by debasing the gold - content of the dollar in 1933; zealous money printing in the 1960s led to the inevitable collapse of the Bretton Woods system (and complete fiat money was born); money printing continued apace with Alan Greenspan in the 1990s and, following the dot - com crash, into the 2000s.
Brexit, election - related anxieties in other major EU countries and uncertainty regarding future monetary policy moves by the ECB and Bank of England have seemingly led investors to take a wait - and - see approach.

Not exact matches

The yield on the U.S. 10 - year Treasury jumped to its highest level since 2014 on Friday morning, underlining a wider move in bond markets caused by central banks moving away from financial crisis policies.
By moving in the direction of having publicly traded companies have a policy that includes consideration of gender representation on boards and in senior management, we hope that they will really take that issue seriously, that they'll consider how they're finding people to be on their boards, how they're moving women through senior management roles and making them eligible for boards appointments.
«Once pollutants get into the ground water, they move pretty freely, so it makes a lot of sense to expand the types of waters covered by the EPA,» said Bob Martin director of food system policy, Johns Hopkins Center for a Livable Future.
As an attorney who moved into the public policy and government and now as a university president (all positions in fields dominated by men), I have faced challenges while working my way up.
The new policy, in which Unilever is moving to a «fixed pay» structure, was approved by 64.2 percent of the UK group's shareholders, with nearly 35.8 percent opposing it.
Dan Clifton, head of policy research at Strategas, said the Tillerson move will no doubt be followed by other shake - ups but that should not send longer - term shock waves through the market.
In late August, Mordy wrote an article entitled «China's Crash: Postponed» asserting that while China is, indeed, moving toward a market economy, it is still controlled largely by the government, and therefore policy remains the most important risk factor.
It has produced a 23 - page report warning of dire economic consequences if the state follows North Carolina's path by pursuing a policy that would harm tourism, alienate employers and dissuade talented millennials from staying in or moving to Texas.
Gold fell on Thursday as the European Central Bank's reaffirmation of its ultra-easy policy stance pushed the euro lower against the dollar, although moves were muted before a news conference by ECB chief Mario Draghi.
The policy shift at the world's largest software company follows similar moves since October by Facebook, Twitter and Yahoo.
Federal Reserve officials go out of their way to assure financial markets that they could make a policy move at any meeting, not just the four of eight meetings per year that are accompanied by a press conference from the Fed chairman.
The impact outside China was, in truth, not large because moves in A-shares were driven by local policy action, momentum, and liquidity, said Davies.
Policy advisor Andrew Bremberg explained that the order seeks to promote «common - sense reforms» that «restore American prosperity,» by helping Americans move «from welfare to work.»
On the legislative and policy front, Bill C - 11 has passed the committee stage and seems likely to race toward royal assent by the summer, last week's unveiling of the telecom policy (including policies on the forthcoming spectrum auction and foreign ownership) puts to rest a major issue associated with the digital economy strategy, the CRTC recently published its final anti-spam regulations with Industry Canada expected to follow with theirs shortly, the open government initiative has been making considerable progress, and Government House Leader Peter Van Loan told the House of Commons on Thursday that Bill C - 12 (the PIPEDA reform bill) may finally move forward next week.
When the Trump administration unveils its broad tax proposal on Wednesday, its marquee policy ideas are expected to include infrastructure spending and a childcare tax credit, developed by Ivanka Trump — moves the White House hopes will bring Democrats to the negotiating table on a tax overhaul, according to four sources familiar with the plan.
Indeed, in a classic paper written in the early 1960s, Mundell (Mundell, 1963) showed how, in a world of complete asset substitutability and perfect capital mobility, real interest rates would be largely determined by international market forces with the exchange rate moving in response to changes in domestic monetary policy to provide most of the desired accommodation or tightening.
All in all, we believe eurozone bond yields may move a little higher, but any increase is likely to be capped by the ECB's ongoing level of purchases, at least until policymakers start to signal their next steps on monetary policy later in the year.
Our foreign and economic ministers were blindsided by Mr. Trump's signing of executive orders to move ahead with building a wall and adopting anti-immigrant policies on the same day the ministers arrived in Washington, where they faced a very inauspicious atmosphere for talks.
Surprise because these prospective policy moves had been so widely anticipated and clearly telegraphed by the Fed, and because the market reaction was so pervasive.
It also begins to move European countries further toward a common fiscal policy by linking their budgets and governments.
But high rents and home prices are also prompting more people with big paychecks to move to California, according to studies released by the policy group Next 10.
Mr Weber's concerns over monetary policy were supported by Nouriel Roubini of the Stern School at New York University, who had backed the initial moves towards unorthodox policies such as quantitative easing in the financial crisis.
Even though the intellectual climate within the Reserve Bank and other economic policy agencies was already moving in favour of deregulation in the early 1970s, wider community acceptance of the case for change did not come until after the Government set up a broad - ranging inquiry, conducted by a group of independent experts.
Though policy makers have also made clear that they want to avoid shocking markets by moving too fast, they still seem determined to pursue this new direction.
Nor is it uncommon for the central bank to move at rate decisions that aren't accompanied by its so - called Monetary Policy Reports (MPR).
But he said moving to meet climate targets is becoming more affordable because while policy is still important the energy market is transforming so fast that «market forces have taken over», market forces around wind and solar power and batteries «are just accelerating regardless of what anyone else does» and decisions by companies like AGL Energy to close their Liddell coal power station «are being made on economic grounds».
Mishkin noted «I am less optimistic about the prospects for core PCE inflation to move much below 2 % in the absence of a determined effort by monetary policy,» adding that «a substantial further decline in inflation would require a shift in expectations, and such a shift could be difficult and time - consuming to bring about.»
There are objective reasons to be optimistic, including ongoing labor market improvements — underscored by falling unemployment and underemployment rates, as well as solid job growth — combined with the Federal Reserve's expectations that conditions will permit further interest rate hikes this year as it continues to move toward policy «normalization.»
The decision by the U.S. Federal Reserve to move away from its quantitative easing policy — in which the central bank creates billions of dollars to buy financial assets each month — comes amid signs the American economy is beginning to heat up, which would boost demand for Canadian imports.
The moves higher in global stock markets have been accompanied by a recovery in oil prices to over $ 48 a barrel, receding worries about the Chinese economy, and the U.S. Federal Reserve indicating it is in no hurry to tighten policy.
The move reflected dollar weakness caused by a less hawkish than expected Fed statement following its widely anticipated decision to leave policy on hold.
G - 20 Finance Ministers and central bankers meeting in Baden - Baden over the weekend dropped a long - standing reference to the pursuit of free and open trade and the rejection of protectionism in their official commnique, a move many saw as a swipe at U.S. - focused trade policies pursued by the Donald Trump administration.
For one thing, central banks have become more likely to tap the brakes by raising interest rates and moving away from ultra-loose monetary policies.
But economists and professors cast doubt on whether tax policy changes were the driving force behind the move by a retailing giant that for years has stood as a lightning rod for criticism over low worker pay.
Twitter to Prohibit Range of Cryptocurrency Ads Sky News reports that Twitter has plans to eventually ban advertisements for cryptocurrencies, token sales, and initial coin offerings (ICOs), in a move that would follow similar policies implemented by both Facebook and Google this year.
Specifically, the report, which will be used as a guide by the Fed in formulating economic policy for its next FOMC meeting on October 31st and November 1st, intoned that the nation's economy was moving along at a modest to moderate pace in all 12 of the lead bank's Districts.
Amongst other emerging market economies, the only significant policy moves were in Brazil, where rates were cut by a further 50 basis points to 16 per cent, and Turkey, which cut rates by a total of 4 percentage points, to 22 per cent.
The Bank of Canada has cut its policy rate by a cumulative 75 basis points so far this year (in three moves) to 2 per cent, against a background of weak GDP growth and subdued inflation.
Rises in other indicator rates on loans to small businesses have, on average, tended to be larger than this as some banks have raised some rates independent of monetary policy moves (including by some banks to recoup the costs of the GST).
In contrast, the Bank of England increased its repo rate by 25 basis points in February to 4 per cent, following a similar move in November, while the Reserve Bank of New Zealand has increased its policy rate by 50 basis points so far this year (in two steps) to 5.5 per cent.
With this more durable economic recovery has come a simultaneous move by certain central banks to begin to tighten monetary policy.
Being the center of political activity in the U.S. means that this city is shaped by people from all over the country who move here to work as congressional aides, lobbyists, policy analysts, reporters, elected officials, bureaucrats, organizers, etc..
We think the speculation about a potential future tightening of monetary policy by the ECB — whether in the form of a tapering of bond purchases or a rise in interest rates — has moved too far ahead of the economic and political realities within the eurozone.
In terms, I think of inflation and bond markets, it took six, seven, eight, maybe 10 years of high inflation in the 1970s before you had Paul Volcker brought in to say «enough is enough,» and then again whether it's led by American monetary policy but similar moves in Europe, obviously in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to change their policy.
In social policy, the Party is committed to breaking the cycle of poverty by developing a «living wage» policy that is sufficient to allow workers to support their families; make changes to the welfare system to encourage people on social assistance to move beyond poverty, such as allowing some benefits to remain until they are firmly established in the workplace; and reviewing the housing component of Alberta Works social assistance to bring it in line with the current reality of the Alberta housing market.
In Europe, the European Central Bank reduced its official interest rate in June by 50 basis points to 2 per cent; the Bank of England also lowered its policy rate in July by 25 basis points to 3 1/2 per cent; and official interest rates in Sweden declined by 75 basis points to 2 3/4 per cent in moves of 50 and 25 basis points in June and July.
The move, first reported by Bloomberg Law, would scale back a 2013 Obama - era policy, known as Directive 307, which had expanded the DOL's ability to investigate and sanction federal contractors that showed a pattern of paying female workers and employees of color less than their white male colleagues.
While some moves by the networking giant seem to give the signal that it is going out of the way to endear itself to people — like Zuckerberg holding an open Q / A session for the first time, explaining why they made the Facebook messenger a standalone app, making the privacy policy shorter and simpler to understand, others make it more than obvious that they care two hoots for the people who make up the site!
a b c d e f g h i j k l m n o p q r s t u v w x y z