Sentences with phrase «stance of policy»

Consideration of the current stance of policy can be supplemented by two other pieces of analysis.

With the risks to the Australian economy from abroad abating further over recent months, and with signs that domestic growth was running faster than expected, the Board's deliberations turned to the question of how much longer such an expansionary stance of policy should be maintained.

It isn't sexy but we predict that it is the political equal of Labour's stance of policy activism.

I note that the Board's post-meeting statements routinely refer to seeking a stance of policy that will «most effectively foster sustainable growth and inflation consistent with the target» (emphasis added).

System Open Market Account Reinvestment Policy A staff briefing provided background on the macroeconomic effects of alternative approaches to ceasing reinvestments of principal on securities held in the SOMA after the Committee begins to normalize the stance of policy by increasing the target range for the federal funds rate.

The Federal Reserve now has effective tools to normalize the stance of policy when conditions warrant, without reliance on asset sales.

As part of making this assessment, and of forming a view about whether the stance of policy ought to be altered, it is important to have a clear view of exactly what the current stance of monetary policy is, and what effect it is likely to be having on the economy, bearing in mind the widely - acknowledged lags.

Over the period ahead, the Board will continue to assess the changing balance of risks to the economic outlook and adjust the stance of policy as needed to foster sustained and balanced growth, consistent with achieving the inflation target over the medium term.

Although the bulk of the evidence was still suggesting that the stance of policy remained mildly accommodative, the Board decided to hold the cash rate unchanged at its February meeting while continuing to monitor how these various factors evolve over the period ahead.

Given all the above considerations, the Board judged at its November meeting that a firming in the stance of policy was appropriate, with the timing of such a change the main question.

Participants expressed a range of views about the likelihood that incoming information would make it appropriate to adjust the stance of policy at the time of the next meeting.