Example collocations logo

Monetary in sentence

5081 examples of Monetary in a sentence

The question is not whether or not to include monetary analysis in the monetary policy strategy, but how to reconcile the results from the monetary and the economic analyses to achieve a comprehensive and consistent assessment of the risks to price stability.
How could central banks, which depend on these financial markets to serve as the transmission mechanism of monetary policy, possibly rely on such models?
The ECB has never claimed that its strategy is the ultimate solution to the challenges monetary policy is confronted with.
But, it has recognised the need to include monetary analysis – in a very broad sense – into its policy considerations.
And the strategy was flexible enough to integrate the broadening and deepening of both the monetary and economic analysis.
The two pillar strategy responds to the fact that we (still) lack a model which encompasses both dimensions, the economic or real and the monetary, in a consistent and robust manner.
They agreed that protectionism was obviously a vice, but thought that it was a necessary one that could not be addressed without monetary stability.
They have given no indication of being aware that US monetary policy can affect events outside of their narrow corner of the world.
But the fact is that these transfers – that is, European Stability Mechanism-financed bailout programs and the European Central Bank’s prospective “outright monetary transactions” (OMT) bond-buying scheme – can do little more than fend off collapse.
This is particularly apparent in France, where the monetary union has often been viewed as a tool for harnessing Germany’s economic strength to project power worldwide.
The single currency’s advocates are right about one thing: political motives have always underpinned the establishment of monetary unions, from Latin America’s in the period from 1865 to 1927 to that between Ireland and Britain from 1922 to 1979.
The United States is experiencing a mortgage loss-driven financial meltdown that would, with an ordinary monetary policy, send it into a severe recession or a depression.
In normal times, the Fed’s response – extremely monetary stimulus – would be highly inflationary.
Indeed, the Fed’s monetary policy has not been sufficient to stave off a US recession, albeit one that remains so mild that many doubt whether it qualifies as the real animal.
The European Central Bank’s response has been analogous to the Fed’s, but less forceful, with monetary policy easier than the headline inflation rate would suggest is appropriate.
But it is politically impossible for the Chinese government to alter its exchange-rate policy under pressure without some “concession” from the US, and a tightening of US monetary policy could be sold as such a “concession.”
If inflation remains low, the ECB might feel freer to pursue further rounds of monetary stimulus, undermining fiscal objectives further.
Indeed, amid considerable tumult, the conference aimed to create a stable international monetary framework that could serve as a cornerstone of a peaceful global order.
So how did 44 disparate powers, each seeking to protect its own national interests, manage to agree on a new global monetary system?
Later that decade, efforts by France, Germany, and the UK to confer on monetary policy failed miserably.
But discussions between France and Germany – which remain the leading voices in debates on European monetary issues – were far more effective.
Building Stability for Indian GrowthMUMBAI – In their efforts to stimulate demand by pursuing increasingly aggressive monetary policies, advanced economies have been imposing risks on emerging-market countries such as India.
The difference, it was argued, was monetary union.
This argument is correct in the sense that it is the current-account surplus or deficit of a monetary union as a whole that can be expected to have exchange-rate implications.
But, in net terms, a region within a country – or, like Germany, a country or sub-region within a monetary union – still “subtracts” from national and global aggregate demand if it exports more than it imports.
These countries are trying to achieve a difficult “internal devaluation” – that is, a reduction in their domestic unit labor costs relative to the eurozone’s stronger economies – while the overall eurozone surplus caused by Northern Europe puts upward pressure on the exchange rate, undermining their competitiveness outside the monetary union.
Efforts to stabilize the international monetary system and end the global slump were set back by these diplomatic conflicts.
The structure of the eurozone imposes limits on the use of both fiscal and monetary policy.
The development so far underscores the close link between the attractiveness of a country to foreign investors and the pace of market reforms, deregulation, a convincing privatization programme and stability-oriented monetary and fiscal policy.
In any federal system, a balance must be struck between those who are charged with assessing economic conditions in the whole monetary area and those who represent the interests of particular regions.
BackNext