The Bank will focus on the inflation and output consequences of any economic disturbance, including asset - price shocks, and will continue to respond in a manner consistent with meeting its long -
run inflation objective.
Not exact matches
Core
inflation is generally
running below official medium - term
inflation objectives.
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.
Inflation on a 12 - month basis is expected to
run near the Committee's symmetric 2 percent
objective over the medium term.
Moreover, peoples» expectations of
inflation remain well anchored at levels consistent with our 2 percent longer -
run objective.
«
Inflation on a 12 - month basis is expected to
run near the committee's symmetric 2 per cent
objective over the medium term,» the policy - setting Federal Open Market Committee (FOMC) said in a statement on Wednesday in Washington.
The current EMU rate of
inflation is below 2 %, the long -
run policy
objective of the European central bank.
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.»
«
Inflation on a 12 - month basis is expected to
run near the committee's symmetric 2 per cent
objective over the medium term,» the policy - setting Federal Open Market Committee said in a statement Wednesday in Washington.
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.»
In judging when to moderate the pace of asset purchases, the Committee will, at its coming meetings, assess whether incoming information continues to support the Committee's expectation of ongoing improvement in labor market conditions and
inflation moving back toward its longer -
run objective.
The Committee also anticipates that
inflation over the medium term likely would
run at or below its 2 percent
objective.
Partly reflecting transitory influences,
inflation has been
running below the Committee's longer -
run objective, but longer - term
inflation expectations have remained stable.
also anticipates that
inflation over the medium term likely will
run at or below its 2 percent
objective.
Inflation has declined further below the Committee's longer -
run objective, largely reflecting declines in energy prices.
Inflation has been
running below the Committee's longer -
run objective.
«[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.
Inflation has been running below the Committee's longer - run objective, but longer - term inflation expectations have remaine
Inflation has been
running below the Committee's longer -
run objective, but longer - term
inflation expectations have remaine
inflation expectations have remained stable.
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.
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.
If incoming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and
inflation moving back toward its longer -
run objective, the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings.
Inflation targeting establishes a transparent and credible commitment to a specific numerical inflation objective that provides a firm anchor for long - run inflation expect
Inflation targeting establishes a transparent and credible commitment to a specific numerical
inflation objective that provides a firm anchor for long - run inflation expect
inflation objective that provides a firm anchor for long -
run inflation expect
inflation expectations...
Inflation continued to
run below the Committee's longer -
run objective, partly reflecting earlier declines in energy prices and decreasing prices of non-energy imports.
Inflation has been
running somewhat below the Committee's longer -
run objective, apart from temporary variations that largely reflect fluctuations in energy prices.
The Committee also anticipates that
inflation over the medium term likely will
run at or below its 2 percent
objective.
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.
Inflation has continued to
run below the Committee's longer -
run objective, partly reflecting declines in energy prices and in prices of non-energy imports.
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.