Sentences with phrase «tightening of monetary policy»

Initially, investors were skeptical about any further tightening of monetary policy in coming months, amid escalating tensions between North Korea and the United States, further soft inflation data and uncertainty about the potentially negative effects of hurricanes Harvey and Irma on the economy.

However, avoiding a premature tightening of monetary policy would also seem to be a prerequisite.

At its December meeting, as in earlier months, the Board judged that a further tightening of monetary policy would probably be required in due course, but that there was no need for action in the short term.

We think the speculation about a potential future tightening of monetary policy by the ECB — whether in the form of a tapering of bond purchases or a rise in interest rates — has moved too far ahead of the economic and political realities within the eurozone.

However, protectionism, unexpected rapid tightening of monetary policy in some countries, and geopolitical tensions in North Korea and the Middle East pose potential risks to global growth, Kuroda said.

The FOMC, in other words, signaled it would allow a passive tightening of monetary policy in the second half of 2008.

Nevertheless, the apparent success of the ECB's policy in overcoming the threat of deflation increased speculation about a potential tightening of monetary policy, possibly even before the cessation of the central bank's bond purchases — scheduled to continue for at least the rest of the year — and in the wake of the ECB meeting pushed market estimates of the odds of a rise in official interest rates before the end of 2017 to more than 50 %.

We think the speculation about a potential future tightening of monetary policy by the European Central Bank (ECB) has moved too far ahead of economic and political realities.

We believe the US economy's current combination of moderately strong growth and low inflation is likely to see a further slow - but - steady tightening of monetary policy, following the confirmation by the Fed at its December meeting of a widely expected interest - rate rise.

Tightening of monetary policy meant to cool the housing market over the past year, combined with a wind - down in public works, has served to slow GDP growth into the single digits.

This would be slower than the last tightening of monetary policy in 2004 to 2006.

The IMF cites a number of risks to their optimistic outlook for the next two years, risks that are more concerning for the medium term (2020 and beyond), including geopolitical strains, a sudden and severe tightening of monetary policies, waning popular support for global economic integration, and a move toward protectionist trade policies that would impact global trade.

«Unless quite substantial tightening of monetary policy is delivered, the lira will remain volatile,» Rabobank's Matys said, adding the central bank may have to consider an emergency policy meeting beforehand, as was the case in January 2014.

A passive tightening of monetary policy occurs whenever the Fed allows total current dollar spending to fall, either through a endogenous fall in the money supply or through an unchecked decrease in money velocity.

We're getting closer to a genuine tightening of monetary policy — and with every passing day we're also getting closer to the point where the «easy» trade suddenly becomes hard.

The US Federal Reserve's expected tightening of monetary policy later this year should be seen as a positive action, though there may be some turbulence in asset and foreign exchange markets.

This is significantly different from the garden - variety recessions after World War II that were primarily caused by Fed tightening of monetary policy in response to rising inflation and full resource utilization.

But there was a huge run - up in inflation, which resulted in a very large tightening of monetary policy.

Thus, in a very direct sense, a fall in inflation expectations when the target interest rate is at the zero bound represents a de facto tightening of monetary policy and of financial conditions.»

Thirty - year fixed - rate mortgage interest rates will fall to about 6.7 percent by the end of 1999 and remain stable next year, despite the Federal Reserve's slight tightening of monetary policy beginning in the second half of 1999, he predicts.

However, ahead of any such developments, avoiding a premature tightening of monetary policy would also seem to be a prerequisite.

But protectionism, unexpected rapid tightening of monetary policy in some countries, and geopolitical tensions in North Korea and the Middle East pose potential risks, Kuroda said.

We believe the US economy's current combination of moderately strong growth and low inflation is likely to see a further slow - but - steady tightening of monetary policy, following the confirmation by the US Federal Reserve (Fed) at its December meeting of a widely expected interest - rate rise.

With data on economic activity and, more importantly, inflationary pressures on the high side of expectations, market interest rates moved up as participants became conscious of the inflation risks and began to price - in the possibility of a further tightening of monetary policy.

This prompted a tightening of monetary policy, which, in turn, dampened interest - rate sensitive spending, particularly on housing and consumer durable goods.

That is the main reason behind the tightening of monetary policy we undertook after our November Board Meeting.

At its March meeting, the Bank of England left UK interest rates unchanged, but did refer to the possibility of rising inflationary pressures prompting a tightening of monetary policy, with one policymaker dissenting and voting for immediate action.

In the most recent period, following the tightening of monetary policy in May, market interest rates declined for a time as participants assessed that the cumulative tightening over the previous six months might have been sufficient to reduce the risks on inflation.

Growth in the United Kingdom has begun to moderate as the housing sector has responded to the tightening of monetary policy over the past year or so.

Measured across all loan products, and taking into account changes in customer risk margins, however, it seems that interest rates paid on average by small businesses have increased by a little less than the rise in interest rates directly due to the tightening of monetary policy.

The combination of ongoing strength in activity and signs of inflationary pressure in the labour market prompted a tightening of monetary policy, by 25 basis points, in late March.

In Australia, as well as reflecting the favourable overseas developments, financial markets have been influenced by the run of strong local economic data, with the result that markets had begun to anticipate some tightening of monetary policy ahead of the Board's November decision, though a rise in cash rates had only been fully priced for the December meeting.

«A premature tightening of monetary policy could lead interest rates to rise temporarily but would also carry a substantial risk of slowing or ending the economic recovery,» Bernanke explained.

But this year a combination of an IMF bailout programme, a US$ 1.8 billion cocoa syndicated loan, a US$ 750 million Eurobond and the central bank's tightening of the monetary policy has led to the cedi recording one of its best performances in recent years.

The prospects for a tightening of monetary policy are interesting for Real Return Bonds.

My view is that the next major blow - up will happen as a result of a neophyte developing large country central bank overshooting on their tightening of monetary policy.

Rather, higher inflation might portend a tightening of monetary policy, which certainly does effect the bond market.