Sentences with phrase «term central forecast»
The balance of risks around this medium - term central forecast, however, seems now to be shifting to the upside.
https://www.rba.gov.au/ Not exact matches
However, as the minutes showed, the central bank is confident that «the recovery has now moved into an expansionary phase» with growth picking up and inflation forecasts indicating a return to pre-crisis levels in the short - term.
For some years, then, the modus operandi of a developed country central bank involved setting a short - term interest rate and adjusting it incrementally in response to forecast deviations of inflation and / or output from the desired path.
The latest set of forecasts from the Fed stirred a little more comment among market participants, particularly the projections for core inflation that were slightly above the central bank's 2 % target in 2019 and 2020, which hinted policymakers might be willing to tolerate such an overshoot if they believed longer - term inflationary pressures were limited.
The global mean temperature for 2015 is expected to be between 0.52 °C and 0.76 °C * above the long - term (1961 - 1990) average of 14.0 °C, with a central estimate of 0.64 °C, according to the Met Office annual global temperature forecast.
Our central forecast foresees a short - term drop of 12 - 15 % in UK equities from their current levels.