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Monetary in sentence

5081 examples of Monetary in a sentence

Moreover, the negative consequences of tightening monetary conditions in developed countries will likely become more severe, given the disconnect between asset bubbles and recoveries in the real economy.
One of my frustrations has been to watch how monetary policy is made in some developing economies, where the authorities all too often copy the rules that industrialized countries follow, without regard to the fact that their efficacy may depend on context.
With the US Federal Reserve set to tighten the exceptionally generous monetary conditions that have driven this “easy growth,” such emerging economies will have to change their approach, despite much tighter room for maneuver, or risk losing the ground that they have gained in recent years.
Part of the challenge in many countries will be to rebuild macroeconomic buffers that have been depleted during years of fiscal and monetary stimulus.
Reducing fiscal deficits and bringing monetary policy to a more neutral plane will be particularly difficult in countries like the Fragile Five, where growth has been lagging.
Given anemic GDP growth, high unemployment, and low inflation, the wall of liquidity generated by conventional and unconventional monetary easing is driving up asset prices, starting with home prices.
Problems might originate at the national level, but, owing to monetary union, they quickly threaten the stability of the entire eurozone banking system.
Given that financial integration is particularly strong within the monetary union, putting the ECB in charge was an obvious choice.
And, in the past, assistance has been accompanied by extensive “conditions,” some of which enforced contractionary monetary and fiscal policies – just the opposite of what is needed now – and imposed financial deregulation, which was among the root causes of the crisis.
It was thought that keeping inflation low was necessary and almost sufficient for growth and stability; that making central banks independent was the only way to ensure confidence in the monetary system; that low debt and deficits would ensure economic convergence among member countries; and that a single market, with money and people flowing freely, would ensure efficiency and stability.
The first option, a sharp weakening of the euro, is unlikely, as Germany is strong and the ECB is not aggressively easing monetary policy.
Slowing growth and policy missteps, together with signs that the US Federal Reserve will start tightening monetary policy by scaling back its “quantitative easing” (QE, or open-ended purchases of long-term assets), have triggered deep sell-offs in emerging economies’ currency, bond, and equity markets.
The losses in emerging-market currencies and assets in recent months are a harsh reminder of an inconvenient truth: when the Fed tightens monetary policy to manage macroeconomic conditions in the US, there are large unintended spillover effects on capital flows to emerging markets.
But she acknowledged that the inevitable exit from ultra-easy monetary policies in the US and other developed economies could trigger financial-market instability in emerging economies, and pledged IMF support, including on a precautionary or pre-emptive basis, to assist them.
Once the market turbulence sparked by changes in US monetary policy subsides, they will once again become the darlings of global investors seeking returns from growth and diversification.
Its members, with statutory independence and long terms in office, could function like the monetary policy committee of a central bank.
After all, the developed economies have not previously engaged in the kind of unconventional monetary policy seen in recent years – a period characterized by ultra-low interest rates and ultra-fast cross-border capital flows.
In short, emerging economies have been challenged by externally generated macroeconomic shifts, unconventional monetary policies, widespread volatility, and slow growth in developed markets.
Third, this undesirable policy mix of excessively loose fiscal policy and tight monetary policy will tighten financial conditions, hurting blue-collar workers’ incomes and employment prospects.
Markets are already becoming wary; full-blown panic is likely if protectionism and reckless, politicized monetary policy precipitate trade, currency, and capital-control wars.
The creditors stand to lose large sums should a member state exit the monetary union, yet debtors are subjected to policies that deepen their depression, aggravate their debt burden, and perpetuate their subordinate position.
The boost derived from Eurobonds may not be sufficient to ensure recovery; additional fiscal and/or monetary stimulus may be needed.
They generally point instead to recent monetary loosening.
But central banks can hardly be enjoined from easing monetary policy when domestic economic conditions warrant it, as has obviously been the case in Japan and Europe (and in the US when the Federal Reserve embraced QE).
If monetary expansion does not merit the charge of currency manipulation, still less do other sorts of economic policies.
The foremost example of this is the partial economic and monetary union that has been around for nearly two decades, and that must now become a full union if it is to be successful and deliver results.
Ireland’s Model CrisisDUBLIN – Ireland has now left the clutches of the bailout-for-austerity framework established by the Troika (the European Commission, the European Central Bank, and the International Monetary Fund) for indebted eurozone countries, and is leading the monetary union’s economic recovery.
In fact, the renminbi still trails other reserve currencies (the US dollar, the euro, the Japanese yen, and the British pound) in international finance by so much that a renminbi-led international monetary system by mid-century seems about as likely as a Blade Runner 2049-style dystopia.
Instead, they have pursued a cooperative approach to reform of the international monetary system, which they argue should not be dependent on any one currency.
For the Chinese, the future of the international monetary system should be one in which multiple national currencies provide choice – in terms of invoicing, payments, and asset allocation – thereby reducing the system’s exposure to national politics.
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