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Monetary in sentence

5081 examples of Monetary in a sentence

In the short term, it is important that monetary policy in the US and Europe vigilantly fight Japanese-style deflation, which would only exacerbate debt problems by lowering incomes relative to debts.
Within Europe’s monetary union, a consensus has been established that everything possible must be done to keep Greece inside.
But even if there were no troika and no monetary union, Greece would urgently need far-reaching reforms to get back on its feet.
The strongest signal that a central bank can send during a financial crisis is to ease monetary policy aggressively.
Standard monetary policy, together with bad structural policies, is to blame for the eurozone’s growth disparities.
Lost competitiveness in the periphery was, in part, an equilibrating movement caused directly by the economic-adjustment process under a common monetary policy.
But the BOE’s inaction – even as the ECB raised interest rates in order to begin to normalize monetary policy – could send the wrong signal, according to Sentance.
And, as he also warns, if inflation remains above the BOE’s target for another two years, abrupt and sharp monetary tightening would undermine the recovery – and could damage the credibility of the BOE itself.
And while the major central banks are planning, or have already begun, to tighten monetary policy, interest rates will remain low for now.
Later in the 1970’s, European monetary relations were hopeless when France, Germany, and Britain tried to talk about them, but were straightened out when only France and Germany took part.
Helping the ECB Cross the RubiconPARIS – Eurozone monetary officials are expected to make history when they gather for the European Central Bank’s next policy-setting meeting on January 22.Observers anticipate that ECB President Mario Draghi and his colleagues will finally cross the Rubicon and announce the launch of a large-scale program of quantitative easing (QE) – in other words, high-volume purchases of government bonds.
Yes, the Bundesbank fiercely opposed the ECB’s conditional support of debt-distressed eurozone members and backed legal challenges to Draghi’s innovation, the outright monetary transactions (OMT) scheme.
Orthodoxy rules out providing ECB support to a particular country, because this would violate the separation between monetary and fiscal policy: The authority to commit public resources to the benefit of a particular country belongs exclusively to parliaments, not the central bank.
It is a monetary instrument that the central bank must rely on when its policy interest rate has hit the zero lower bound and thus cannot be pushed lower.
They highlight the eurozone’s institutional deficits – a single currency and a central bank but none of the other elements of a well-functioning monetary union.
They run monetary and fiscal policies that are so tight that current-account deficits are impossible, or they hold large stocks of international reserves.
Instead, the US has placed all of its chips on monetary easing, unleashing what I have called a currency war, in which global investors, chasing higher yields, flood into emerging countries, driving up their exchange rates.
Leveraging a mixture of administrative guidance and monetary incentives, the city government plans to reduce the share of garments in the output of textiles products by 25% in three years and to increase the industrial applications of chemical fibers, which promise much higher returns than apparel production.
The run-up to the G-20’s summit in Seoul was marred by a series of currency controversies, bringing international monetary reform to the fore.
Whereas French intentions to reform the international monetary system had initially been received skeptically, suddenly reform looks like the right priority at the right time.
The United States, for which international monetary reform is synonymous with diminution of the dollar’s global role, is lukewarm.
Japan is keen, but its views on regional monetary cooperation do not match China’s.
Nevertheless, international monetary reform remains a legitimate aspiration.
When the rules of the global monetary game are unclear, inadequate, or obsolete, countries cannot abide by them, and some may attempt to exploit them to their own advantage.
The notion is absurd – John Maynard Keynes long ago spoke of gold as a “barbarous relic” – but the problem of anchoring global monetary policy and ensuring its alignment with developments in global supply is nonetheless real.
The Nobel laureate economist Robert Mundell once compared a monetary regime to a political constitution, because it establishes the rules of the game.
Unfortunately, it also indicates how ambitious and challenging a task it is to reform the international monetary order.
For more than 20 years, the world’s major capitalist economies have been led to borrow heavily and unabashedly, in large by a new rule, adopted worldwide beginning in the 1970’s and 1980’s, that tied monetary policy to targets for price growth.
But even institutionalized monetary austerity has not stopped national public-debt levels from reaching 50-100% of GDP in Europe (higher in countries Greece and Italy) and surpassing 100% in the US.
Moreover, stock markets’ record highs are no longer relying so much on loose monetary policy for support.
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