Sentences with phrase «term inflation target»

That will combine with core inflation readings that are no longer anchored by past low year - over-year base effects, setting the stage for a series of looming inflation prints that are above the Fed's stated 2 % long - term inflation target.

The BoG has a medium - term inflation target of no more than eight per cent, plus or minus two percentage points.

That would be consistent with a medium - term inflation target.

The current situation, in summary, suggests an outlook that is consistent with the medium - term inflation target but subject to two broad sources of risk — the potential for further weakness arising from external factors, and the destabilising influence of a growing imbalance in the domestic credit market.

The Fed's legal mandate is to minimize unemployment and keep prices stable; the Fed has set a long - term inflation target of 2 percent per year.

We have preferred a prudent approach, which is most likely to promote both macroeconomic and financial stability consistent with the medium - term inflation target.

It restates the Bank's approach to making monetary policy decisions within the framework of a medium - term inflation target, in way that supports sustainable economic growth and serves the public interest.

To achieve price stability, the Reserve Bank uses a flexible medium - term inflation target, with the goal of keeping inflation between 2 and 3 per cent, on average, over time.

an independent central bank focusing on the medium - term inflation target, taking account of the state of the real economy and the shocks affecting it;

The 2 % intermediate - term inflation target's very important.

This is not unthinkable today as central bankers acknowledge the long - term negative consequences that their short - term inflation targeting policies may inflict.

Third, I am inclined to agree with recent work in the Bank of England that suggests that it is possible, at least in principle, to embed this discussion within a medium - term inflation targeting framework.

Not exact matches

However, it noted that it expects inflation to «run near» its 2 % target «over the medium term,» suggesting that interest rates might see a hike in June.

The deterioration in the outlook has made it more likely that inflation will undershoot the 2 % target in the medium term.»

Subdued inflation forced the BOJ to revamp its policy framework in 2016 to one better suited for a long - term battle against deflation, which targets interest rates instead of the pace of money printing.

«It clarifies that there's continuity in terms of targeting inflation and sticking to that mandate.»

«It could be that long - term inflation expectations are yet to be anchored in Japan» at the bank's 2 percent target.

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.»

Back in December, the Fed said it would hold the target short - term rate steady at least until unemployment had dropped to 6.5 %, assuming inflation didn't rise past 2.5 %.

The longtime investor added that since 1970, the very long - term average of inflation is 1.9 percent, but that the average is biased upward by war - time inflation spikes, implying that a better target maybe be significantly lower.

The Fed statement said: «The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.»

The spread on the nominal less inflation - indexed rates for both the five - and 10 - year maturities remains above 2.0 % — a sign that the crowd expects that hard data on inflation will hold at or above the Fed's target in the near term.

If they want room for short term rates above 0 they will have to get long term rates up and I don't see any control input other than the inflation target to move them.

The Fed intends to keep short - term rates near zero as long as unemployment remains above 6.5 % and inflation remains below 2.5 % (but these could be moving targets).

We can also expect to see a gradual increase in inflation back towards the middle of the 2 to 3 per cent medium - term target range.

In the current context, getting the economy back to full capacity with inflation on target is central to supporting financial stability over the longer term.

You can see this sense of priorities — with medium - term price stability being the sine qua non, and our acceptance that inflation may vary a little over the course of the cycle — in the specification of the inflation target as being an average «over the course of the cycle».

Australia's inflation performance over the past decade or so has been consistent with the Bank's medium - term target.

It is asking too much of the single monetary policy instrument, namely, the targeted short - term interest rate to target both financial excesses and inflation.

what they should do is actually quite simple, they should just say our balance sheet will continue to grow until we reach a price level target drawn from 2014 until now (just choose a date where inflation index was already below but not well below long term trend)

Well the way we do that is we have a medium term target for inflation and we talk about holding CPI inflation to 2 to 3 per cent on average over time.

Again, the assessment was made that the inflation target was not in jeopardy in the medium term with year - ended inflation forecast to be within the targeted range once the effect of the GST had passed.

There may be some difference at the margin in terms of the speed with which inflation is returned to the target range.

The Reserve Bank uses the cash rate to stimulate or dampen economic activity such that inflation is in the target range over the medium term.

This Statement on the Conduct of Monetary Policy reiterated the Reserve Bank's broad goals stipulated in the Reserve Bank Act, and endorsed the inflation target as the practical interpretation of the medium - term goal of price stability.

The implementation of monetary policy in Australia is market - based, with a high degree of transparency in both the operational objective (expressed in terms of the cash rate target) and the ultimate objective (expressed as an inflation target).

The target is a medium term one, so there's a little bit of flexibility over the short term, and I think experience shows that in trying to do economic policy and trying to control inflation there really isn't an ability to fine tune these things over very short periods of time, you have to take a more medium term perspective.

While inflation - targeting regimes share a number of similarities, most importantly the focus on an inflation rate as the objective of monetary policy, there are a number of differences in terms of their practical implementation.

This episode also demonstrates the flexibility offered by the medium - term nature of Australia's inflation target.

The central scenario for the Australian economy is a positive one, with growth over the next couple of years at, or above, average, a relatively strong labour market, and inflation consistent with the medium - term target.

That framework's been in place since the early 1990s, we have hit the target over that 20 year period, the average inflation rate's pretty close to 2.5 per cent, so we regard that as successful by the terms of the definition that we set ourselves and I think that's made a big contribution to economic stability more generally and I don't think it's an accident that that period of fairly low predictable inflation has coincided with pretty good sustained growth in the economy.

For those of us who use explicit inflation targets, for example, there would be a need to focus on a longer time horizon and perhaps somewhat greater toleration of short run deviations from the medium - term target.

First it implies that if the Fed is serious — as it should be — about having a symmetric 2 percent inflation target then its near term target should be in excess of 2 percent.

The centrepiece of the framework for monetary policy is a medium - term target for inflation.

To sum up, once interest rates reach very low levels, the central bank still has meaningful tools that it can deploy in its pursuit of its inflation target: offering forward guidance to financial markets to enhance policy effectiveness, large - scale asset purchases, funding for credit, and pushing short - term interest rates below zero.

Our inflation target is focused on medium - term outcomes.

If the Bank believes that another cut is required to achieve the inflation target over the medium term it is preferential to move sooner rather than later.

The BEA's Core Personal Consumption Expenditures Chain - type Price Index for March, released this morning, shows that core inflation remains below the Federal Reserve's 2 % long - term target at 1.88 %.

stocks on Wednesday close lower, after initially edging slightly higher, as the Federal Reserve acknowledged rising prices and said it now expects inflation to «run near» its 2 % target «over the medium term,» in its most recent policy statement.

Our forecast a few months ago for 2010 was that inflation, measured either in headline or underlying terms, would be in line with our 2 — 3 per cent target.