Sentences with phrase «setting interest rate policy»

Fed interest rate policy aims to keep inflation at reasonable levels and uses the PPI as a guide when setting interest rate policy.
The Fed Chair opposes a law that would force the central bank to set its interest rate policy based on a mathematical rule.
As the FOMC sets interest rate policy this year, they will aim for a policy they believe will allow the economy to grow at its potential while keeping inflation low and stable.

Not exact matches

Fed chair Janet Yellen on December 2 stated as clearly as central bank lexicon will allow that she will recommend raising America's benchmark interest rate when she convenes the policy - setting Federal Open Market Committee later this month.
Some still advocate sticking to a policy of nudging down interest rates further, such as by scrapping a 0.1 percent floor set on money market rates.
But at that point, the Fed chair Janet Yellen and the other members of the interest rate - setting committee seemed to side with the idea that Trump's policies would do more to help the economy than hurt it.
If we came to learn that excessive household debt posed a bigger threat to economic growth than does a certain level of government debt, then policy makers would want to take that into account when setting interest rates.
But rather than politics, Darby, in a Dec. 3 report, wrote it's the country's monetary policy — the Bank of Thailand surprised analysts with an interest rate cut last month to boost growth — that «ought to be setting the alarm bells ringing in investors ears.»
The Governing Council left the benchmark interest rate unchanged at its ultra-low setting of 0.5 %, but policy makers were less than enthusiastic about the Canada's prospects.
The Bank of Canada wasn't so disenchanted that it felt a policy change was needed: policy makers left the benchmark interest rate unchanged at the ultra-low setting of 0.5 %.
Much of the effectiveness of Canadian monetary policy depends on the Bank of Canada's credibility: managing expectations for the future is at least as important as setting short - term interest rates.
She stated repeatedly Wednesday that her march to a more normal interest - rate setting will be «gradual,» and that she likely will stop well short of the rate that traditionally has been associated with a neutral policy rate.
A week after the U.S. Federal Reserve opted to leave the country's interest rates unchanged for the time being, Fed chair Janet Yellen is set to testify before Congress on U.S. monetary policy.
Later this afternoon, the Fed's interest - rate - setting committee will release their monetary policy statement.
If the economic outlook abroad deteriorates and this causes foreign countries to pursue a more accommodative set of monetary policies, then the dollar would likely appreciate — other things equal — reflecting expectations of lower interest rates abroad relative to U.S. interest rates.
The BOE will refrain from raising interest rates next week but is still set to start normalizing policy, according to the institute.
As the Great Recession set in, the Fed dropped its interest rate target to close to zero, and then was forced to use unconventional monetary policy tools including quantitative easing.
The New York City area, with its many interest rate - sensitive industries, has prospered when decision - makers in the public and private sectors could have confidence that the Federal Reserve was committed to a rigorous set of policies that promoted price stability, in a growth - oriented economic environment.
This set of monetary policies affects financial asset prices in a different way compared to changes in short - term interest rates, and we should be humble about what we claim about understanding the importance of this distinction.
In my view, the current episode vindicates the position that monetary policy, narrowly defined as the setting of the policy interest rate, should be confined to targeting inflation.
If policy had been set to ensure that inflation did not rise above 3 per cent, the rise in interest rates would have exacerbated the contractionary shock to foreign demand.
In the short run however the orthodox world accepts that fiscal and monetary policies can speed up the adjustment towards equilibrium, largely it seems by countering these constraints, or by setting interest rates in order to manage investment and consumption.
First, central banks have but one policy instrument — the setting of a short - run interest rate.
While monetary policy actions played a role in the decline of interest rates, the Bank sets its policy rate to meet its primary mission: returning inflation sustainably to target, thus helping to get the economy back to full output.
PIMCO's CEO then reviews what he describes as the Federal Reserve's «highly unconventional and experimental set of policy tools» used to repress interest rates.
Against this backdrop, Governing Council decided to leave our key policy interest rate unchanged, as we judged that the balance of risks at present are still within the zone for which the current policy setting remains appropriate.
The Fed's statement following its March meeting suggested to us it was unlikely to be hurried into any further interest - rate hikes by a single piece of inflation or employment data crossing a particular threshold and instead would make a wider judgement on the appropriate setting for monetary policy, based on a range of readings across the economy and financial markets.
The overall strength in demand for credit, combined with the fact that interest rates remain slightly lower than the average of recent years, continues to suggest that the current policy setting is not inhibiting the growth of the economy.
Monetary policy decisions involve setting the interest rate on overnight loans in the money market.
The economic report comes a day after the Federal Reserve left interest rates unchanged, as expected, at the conclusion of its policy - setting meeting.
Then, on the same day that ECB is releasing its interest rate decision, BOE is setting the monetary policy 45 minutes prior to the ECB's interest rate decision release.
Federal Reserve policy makers are set to meet next week, and while there is little expectation that an interest - rate increase will be announced when the meeting ends on Wednesday, the latest economic reading could sway the Fed's outlook.
However, while a whole life policy offers dividends that can grow above and beyond a normal interest rate, a universal life policy will only pay a set amount of interest each year.
Its growth is tied to interest rates set in the policy terms and is tax - deferred.
Until the early 1980s, monetary policy was exercised through a variety of instruments — such as interest rate ceilings, the setting of bond rates, variations in the Statutory Reserve Deposit Ratio, lending controls, monetary targets, pegged exchange rates — and the Treasurer and Treasury were very much involved in their use.
No one expects the Federal Open Market Committee (FOMC), the Federal Reserve's policy - setting committee, to raise interest rates at the two - day April meeting that begins today.
As expected, the Fed raised interest rates at its December meeting, but for the first time in more than a year, two members of the rate - setting committee dissented, in favor of leaving monetary policy on hold.
Did the Fed set its policy interest rate below the market - clearing or «natural» interest rate level in the early - to - mid 2000s?
The low level of interest rates, relative to historical benchmarks, suggests that the setting of monetary policy is accommodative.
Their monetary policy is set in a more expansionary way to reflect this situation, and their real interest rates, accordingly, are lower than those in Australia.
Conversely, standard — or traditional — monetary policies used by central banks include open market operations to buy and sell government securities, setting the overnight target interest rate, setting bank reserve requirements and signaling intentions to the public.
The BOC and its Governor are responsible for setting monetary policies, printing money and determining the Canadian banks» interest rates.
Scotland's Future proposes that the Bank of England will become Scotland's lender of last resort, set the interest rates for both Scotland and the remainder of the UK, and determine monetary policy for the area.
If Scotland chose to maintain sterling, as first minister Alex Salmond has suggested, the country would effectively be in a mini-eurozone, unable to set interest rates, tax rates or spending policies.
The table also records the variety of governments involved in squeezing (right or left, coalition, majority - party, minority), the delegation or otherwise of economic policy functions or decision advice relating to interest rate setting, consideration of spending economies, and financial / economic forecasting.
The Bank of England's Monetary Policy Committee (MPC) is a specialised economic advisory panel responsible for setting the short - term base interest rate.
The pattern began when Gordon Brown ceded power to the Bank Of England to set interest rates while becoming hyper - actively involved in every area of domestic policy.
In 1997 the Labour party handed over responsibility for setting interests rates and managing large parts of the economy to the Bank of England's independent monetary policy committee (MPC).
By good financial management and fiscal prudence, and by removing uncertainties about our commitment to build a better economy, our goal is to signal downward trends in inflationary expectations, and encourage downward trends in the monetary policy rate setting and interest rates pricings by commercial banks.»
The Fed, which oversees the nation's monetary policy and sets interest rates, said U.S. currency is not a very effective transmission agent for germs.
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