Expectations
in sentence
2213 examples of Expectations in a sentence
Such disappointment can cause
expectations
to overcorrect in the opposite direction.
The founder of the rational
expectations
revolution, Robert Lucas, is endlessly quoted as having stated in 2003 in his presidential address to the American Economic Association that the “central problem of depression-prevention has been solved, for all practical purposes, and has in fact been solved for many decades.”
According to this view, relatively small increases in aggregate demand above levels consistent with full employment will have a substantial impact not just on inflation, but also on
expectations
of inflation.
I showed that, when the now-standard view about inflation was developed in the 1970s, increases in aggregate demand above levels consistent with full employment were actually few, short-lived, and small, and that past inflation jumps had been incorporated into future
expectations
not rapidly, but slowly over time.
In fact, it took three large adverse supply shocks for
expectations
to adjust.
Genetic prediction marks the intersection of scientific possibilities, economic interests, and consumer hopes and
expectations.
Hosting the games, a global symbol of positive expectations, lifted the UK’s spirits 12 years ago, in July 2005, when London was awarded the 2012 Summer Olympics.
There will be considerable focus on – and
expectations
built up about –the administration’s first hundred days.
Have these large and promising emerging economies fulfilled
expectations?
But the biggest BRICS success story remains China, which, despite its recent slowdown, has far exceeded
expectations.
A cyclical slump reduced potential growth, and the reduction in potential growth prospects led to further cyclical weakness, as spending declines when
expectations
are revised downward.
Yes, the inertial
expectations
of the economy have combined with monetary policy to distort interest and inflation rates, but not in the direction that Taylor is proposing.
One thing we can say with confidence, however, is that market
expectations
about what may happen in the long term are strongly influenced by short-term cyclical conditions that are visible today.
Their so-called “rational
expectations
models” predict that exchange rates should not deviate from parity in any lasting way.
But both the “rational expectations” and the “behavioral” models are flawed, because they seek to generate exact predictions of human behavior.
In both cases, central banks attempt to affect macroeconomic outcomes directly as well as by influencing market participants’
expectations.
If
expectations
of disaster build, and a growing number of players start positioning themselves to protect themselves, the consequences could become overwhelming.
Alexis de Toqueville claimed that unfulfilled hopes lie at the basis of every revolution, that every revolution is engendered by disillusion caused by exaggerated
expectations.
And if the coalition government’s budget cuts had improved
expectations
about future output, that greater confidence would have shown up in higher equity prices – but there is no evidence of this, either.
Cultivating high
expectations
without progress could even be dangerous.
When those
expectations
are disappointed, it is hard to accept having less than one had in the past.
More than any other incoming American president in recent memory, Obama raised
expectations
worldwide.
Barack Obama’s 2008 election created high
expectations
in this region, too; but his administration’s approach has been reserved, at best, and often obtuse.
In addition, strong public support and high
expectations
in the Palestinian territories would make a last-minute change of course politically risky.
Despite wide and persistent swings in actual currency markets, their so-called “rational
expectations
models” predict that exchange rates should not deviate from parity in any lasting way.
But both the “rational expectations” and the “behavioral” models are fundamentally flawed for the purpose of assessing policy interventions.
Inflation expectations, while inching up recently, also appear anchored well below target, despite recent soaring confidence readings.
In an effort to stay ahead of intense media
expectations
(and reflecting a misunderstanding according to which Syria would be just another Tunisia), President Barack Obama’s administration essentially severed America’s relationship with Bashar al-Assad’s regime by publicly embracing the disparate opposition and calling for Assad’s immediate removal.
One reason for this is that long-term interest rates are affected not just by the actual bond purchases, but also by financial markets’
expectations
about future monetary policy.
Indeed, when oil prices fell last year, so did inflation
expectations
(measured however imperfectly).
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