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Monetary in sentence

5081 examples of Monetary in a sentence

Throughout the crisis, European leaders have tried to respond to the gaps in the monetary union without proposing a new treaty, because they fear that any new treaty proposing more centralization of authority in Brussels would be rejected, either by national parliaments or by voters in a referendum.
By contrast, countries that loosened monetary policies and reflated not only stabilized their financial systems more effectively and recovered faster, but also avoided the toxic protectionism of the day.
In the deflationary 1930’s, the most important way that countries could subdue protectionist pressure was to use monetary policy actively to push up the price level and stimulate economic recovery.
In other words, the US will have to use its soft power to create networks and institutions that will allow it to cooperate with China, India, Japan, Europe, and others to deal with transnational problems – for example, monetary stability, climate change, terrorism, and cyber-crime – that no country can solve unilaterally.
In the end, however, she received no monetary payment.
The US and the EU have few fiscal and monetary levers left to combat weak performance.
But the European Central Bank remains reluctant to ease monetary policy.
Unconventional Monetary Policy on StiltsNEW YORK – With most advanced economies experiencing anemic recoveries from the 2008 financial crisis, their central banks have been forced to move from conventional monetary policy – reducing policy rates via open-market purchases of short-term government bonds – to a range of unconventional policies.
Given deleveraging from high private and public debts, unconventional monetary policies could prevent severe recessions and outright deflation; but they could not bring about robust growth and 2% inflation.
While monetary policy can play an important role in boosting growth and inflation, structural policies are needed to increase potential growth and keep firms, households, banks, and government from turning into zombies, chronically unable to spend because of too much debt.
As a result, unconventional monetary policies – entrenched now for almost a decade – have themselves become conventional.
And, in view of persistent lackluster growth and deflation risk in most advanced economies, monetary policymakers will have to continue their lonely fight with a new set of “unconventional unconventional” monetary policies.
The next stage of unconventional unconventional monetary policy – if the risks of recession, deflation and financial crisis sharply increase – could have three components.
Second, QE could evolve into a “helicopter drop” of money or direct monetary financing by central banks of larger fiscal deficits.
If unconventional unconventional monetary policies sound a little crazy, it’s worth remembering that the same was said about “conventional unconventional” policies just a few years ago.
If fiscal policy is in a muddle, so is monetary policy.
She could use the opportunity to hint at a new approach to European integration, one that starts in the country that has suffered the most, a victim both of the eurozone’s faulty monetary design and of its society’s own failings.
The ECB’s Two Pillars - A SuccessIn October 1998, just before the start of the European Monetary Union, the Governing Council of the European Central Bank (ECB) adopted a stability oriented monetary policy strategy.
The monetary analysis pillar comprises all information coming from various monetary and credit aggregates and serves to figure out the risks to price stability over the medium- to long-run .
This two pillar approach constitutes a framework for cross-checking indications from the shorter-term economic analysis with those from the longer-term monetary analysis in order to obtain a robust view about the risks to price stability.
In the standard model of the neo-keynesian approach, which has become more and more “state-of-the-art”, the usefulness of money to monetary policy analysis is challenged; there is no need for monetary cross-checking, monetary analysis has no value-added and is superfluous.
Customary inflation forecasts and economic analysis alone are not a sufficient basis for monetary policy decisions.
Moreover, while monetary policy has always to be conducted under uncertainty, the ECB was confronted with a situation of extreme uncertainty.
Unobservable indicators like the output gap, which plays e.g. a central role in neo-keynesian recommendations for monetary policy, are generally known to be very difficult to estimate in real time.
Nor was it clear which models provide the most reasonable account of the functioning of the economy, especially in a case where more or less heterogeneous countries were to form a monetary union.
In this highly uncertain environment, monetary policy decisions which did not rely on a solid framework could have been misguided.
“Inflation is always and everywhere a monetary phenomenon”.
And who would deny that monetary policy has to do with money?
Certainly, monetary analysis is no easy task, though this is true for all relevant economic explanations.
But including monetary analysis in a monetary policy strategy is vital to the central bank’s decision making process.
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