Sentences with phrase «tight monetary policy keeps»

Not exact matches

New York Fed President William Dudley said the central bank could still pass several rate hikes before monetary policy started to become tight, while Cleveland Fed President Loretta Mester said the Fed should keep raising rates to prevent the economy from overheating.

«Unfortunately, had they not kept monetary policy unnecessarily tight two years ago (as was pointed out to them at the time), perhaps we wouldn't today be left wondering if our central banker's plan for youth unemployment involves flagrant violations of the Employment Standards Act,» wrote Mike Moffatt, a well - known Canadian economist, dodgeball aficionado, and Pokemon Go enthusiast.

Had the Fed done its duty, and kept monetary policy tighter for longer, we might not have come to this ugly juncture.