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Monetary in sentence

5081 examples of Monetary in a sentence

The answer to that question not only has important consequences for American monetary policy, but also suggests a few reflections on today's economic conditions in Europe as well as Europe's new single currency.
Paul Volcker, a Democrat, was reappointed once by the Reagan administration (but not twice: there are persistent rumors that Reagan’s treasury secretary, James Baker, thought Volcker was too invested in monetary stability and not invested enough in producing strong economies in presidential years to elect Republicans).
But, since the global financial crisis, the need to revive and sustain economic growth in the US, the United Kingdom, and Japan – and to avoid financial collapse in the eurozone – has prompted major central banks to be more outspoken and pursue more aggressive monetary policies, including unconventional measures like quantitative easing (QE).
This is monetary policy on steroids, and, to opponents of inflation-inducing money creation, it amounts to playing with fire.
Unconventional measures are part of a broader transformation of monetary policymaking.
This is most explicit in Japan, where monetary policy is a central component of Prime Minister Shinzo Abe’s economic strategy, dubbed “Abenomics,” implying collaboration between the government and the central bank.
In Europe, however, Bundesbank President Jens Weidmann has criticized the ECB for overstepping its mandate with its “outright monetary transactions” program, through which Draghi aims to fulfill his pledge to guarantee the euro’s survival.
As a result, questions about the role of monetary policy and the independence and accountability of central banks, once confined to rarefied academic discussions, are fixtures of broad policy debate.
At the same time, it has taken the unprecedented step of incorporating monetary policy into a comprehensive economic strategy based on coordination among different policy areas and their associated institutions.
While the impact of Abenomics on Japan’s economy remains to be seen, its impact on debates about monetary policy and the relationship between central banks and governments is already becoming apparent.
A new era of active and varied monetary policy may have begun, with potential benefits for all.
At the same time, falling commodity prices in recent years have only added to the economy’s economic and monetary challenges.
Russia’s Eternal InflationIn eternal Russia, nothing changes when it comes to monetary management.
As a result, the period since the financial crisis of 1998 has generated serious problems for monetary and exchange-rate policies.
It is inevitably a long road from a starting point where credits are channeled to state-owned enterprises through state-owned banks to an economic environment in which interest rates are a proper indicator of monetary policy.
Russian macroeconomic performance has greatly improved since the 1998 financial crisis, and this success can be attributed in part to improved monetary policy.
In the 1960's the international monetary order became the focus of a political tug-of-war.
The General and his monetary guru, Jacques Rueff, argued that the US used the dollar's status as the major reserve currency of the Bretton Woods fixed exchange-rate regime in order to run deficits and pay for its overseas military adventurism (at that time in Vietnam).
France responded with calls for monetary reform that would end the peculiar role of the dollar and tried to revive the largely discredited gold standard.
Europeans began a long discussion of the advantages of monetary union, achievement of which would allow them to look the dollar in the face.
The Nixon administration came to the conclusion that the only way to save the American economy was to engage in monetary unilateralism--a monetary expansion so dramatic that other countries would be forced into adjusting their exchange rates.
But to Europeans, who are excluded from the pact, it looks like monetary and economic unilateralism.
There will be appeals to the European Central Bank to expand the monetary base, as if imitating the dollar were the answer to all the industrial, structural, and demographic problems plaguing Europe.
Protesting the new version of America's exorbitant monetary privilege should be seen for what it is: a way of compensating for a real European powerlessness.
Not only will politicians’ influence be towards monetary excess, which of course is a serious enough matter for a bank whose primary mandate is price stability, but also the excess will constitute a serious barrier to structural reform, which is essential for European prosperity in a competitive global economy.
The ECB’s paltry rate hike in December, together with the supine promise of no plans for further monetary tightening, demonstrates that Trichet is no Duisenberg.
In particular, the stubborn Dutchman understood the extreme danger if Europe’s top monetary authority became too cozy with Europe’s politicians, especially at a time when many EU finance ministers view economic reform and excess liquidity as being essentially the same thing.
But if central bankers think that today’s inflation is simply the product of short-term resource scarcities as opposed to lax monetary policy, they are mistaken.
The fact is that around most of the world, inflation – and eventually inflation expectations – will keep climbing unless central banks start tightening their monetary policies.
Looser US monetary policy has thus set the tempo for inflation in a significant chunk – perhaps as much as 60% – of the global economy.
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