The Committee continues to anticipate, based on its assessment of these factors, that it likely will be appropriate to maintain the current target range for the federal funds rate for a considerable time after the asset purchase program ends, especially if projected inflation continues to run below the Committee's 2 percent longer - run goal, and provided that longer - term inflation expectations
remain well anchored.
In December 2012, the Fed offered forward guidance when it said that the Fed funds rate would remain between zero and 25 basis points until the unemployment rate dropped below 6.5 %, as long as inflation was projected to remain below 2.5 % and long term inflation expectations
remain well anchored.
The Committee sees this guidance as consistent with its previous statement that it likely will be appropriate to maintain the 0 to 1/4 percent target range for the federal funds rate for a considerable time following the end of its asset purchase program in October, especially if projected inflation continues to run below the Committee's 2 percent longer - run goal, and provided that longer - term inflation expectations
remain well anchored.
Also, the need for interest rates to rise will be lessened to the extent that inflation expectations
remain well anchored and wage pressures in stronger parts of the economy do not spill over to other parts.
Inflation expectations
remain well anchored at about 2 per cent.
Moreover, peoples» expectations of inflation
remain well anchored at levels consistent with our 2 percent longer - run objective.
Fortunately, longer term inflation expectations
remain well anchored.
The adjustment process through the current episode has also been helped by inflation expectations
remaining well anchored, combined with greater flexibility in the labour market, relative to earlier booms in commodity prices.
Not exact matches
Such an assessment focuses on analyzing the extent to which longer - run inflation expectations
remain well -
anchored, and on learning more about how agents update and revise their expectations in response to new information.»
Core inflation has been lower than expected in recent months... Core inflation is expected to increase gradually over coming quarters, reaching 2 per cent by the middle of 2013 as the economy gradually absorbs the current small degree of slack, the growth of labour compensation
remains moderate and inflation expectations stay
well anchored.
Those number I just cited are still persistent misses from the Fed's 2 percent target, and just as importantly, such a gradual, low - variance trend confirms that inflation expectations
remain well -
anchored, as you can see here.
What I think is happening is a) inflation expectations are extremely
well -
anchored b) the tight labor market is delivering some wage growth but not a ton; worker bargaining power
remains constrained c) though it has come down off of its recent peak, the dollar
remains pretty strong, and perhaps most importantly d) wage growth isn't bleeding into price growth.
That for us is a
good reason to believe yields should
remain anchored in Europe for a while.
Without the financial albatross of excessive entitlements, we expect Asian sovereign credits to
remain well -
anchored.
In my view, European bonds should
remain well -
anchored.
Mathieu Flamini and Mikel Arteta are both arguably past their
best, while it
remains to be seen whether Santi Cazorla can
anchor the midfield and stamp his authority on EPL contests on a regular basis.
Still, it will not
remain unanswerable, and even today convincing and
well -
anchored arguments can be made either way, for and against the significance of nuclear DNA damage in aging.
Despite the films bleak subject matter and flashback structure that — although handled
well, does — at times, break the momentum of the here and now, Away (trailer)
remains a thrilling and often extremely moving character drama, that is
anchored by two exceptional central performances.
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as long as the unemployment rate
remains above 6-1/2 percent, inflation between one and two years ahead is projected to be no more than a half percentage point above the Committee's 2 percent longer - run goal, and longer - term inflation expectations continue to be
well anchored.
Total CPI inflation is expected to
remain around 1 per cent in the near term before rising gradually, along with core inflation, to the 2 per cent target in the second half of 2014 as the economy returns to full capacity and inflation expectations
remain well -
anchored.
In particular, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that this exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment rate
remains above 6-1/2 percent, inflation between one and two years ahead is projected to be no more than a half percentage point above the Committee's 2 percent longer - run goal, and longer - term inflation expectations continue to be
well anchored.
It's not trying to reinvent itself each time, it's
remaining consistent — and in a world where there are thousands of new things trying to grab my attention and my cash, consistency can be a
good thing - a bedrock, an
anchor point.»