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Monetary in sentence

5081 examples of Monetary in a sentence

It is the monetary authority of a federation of sovereign states.
This peculiar arrangement is a further major risk for economic and monetary union, to add to those of uncoordinated fiscal policies and the lack of a European equivalent of the International Monetary Fund.
An alternative option would be to activate the European Central Bank’s “outright monetary transactions” program, in which the ECB would purchase eurozone member states’ bonds in secondary markets.
Such capital controls, if they ever came about, would spell the end of the dollar as a single currency, because such constraints are utterly incompatible with a monetary union.
The reality of Greece’s two currencies is the most vivid demonstration yet of the fragmentation of Europe’s monetary “union.”
Even if the major advanced economies’ current monetary strategies do not lead to rising inflation, we may look back on these years as a time when official policy led to individual losses and overall financial instability.
China and Malaysia, lucky enough not to have to turn to the IMF or brave enough to set their own course, did what every textbook said you should do: they pursued expansionary monetary and fiscal policies.
American monetary policy decisions depend on the strength or weakness of the domestic economy and on US inflation.
In only one sense does the US actually pursue a “strong dollar” policy: the Federal Reserve’s monetary policy is designed to keep inflation low.
Basing American monetary policy on domestic business conditions, rather than on the exchange rate, is correct.
America should have neither a strong dollar nor a weak dollar policy, only a policy of sensible domestic monetary policies, and a belief that foreign exchange markets should determine exchange rates.
A number of vocal critics, notably Joseph Stiglitz and Jeffrey Sachs, bemoan the Fund's (almost) reflexive resort to fiscal and monetary austerity.
Deepening social polarization, its use in financial negotiations, and the intrusion of a new security element provide further evidence of what most economists and commentators on Europe have long argued: a monetary union is impossible to sustain in the absence of a political union.
Even worse, in the absence of strong American leadership, longstanding global problems – from climate change to urgently needed reforms of the international monetary system – will continue to fester.
Meanwhile, efforts to rebuild the Bretton Woods international monetary system had collapsed, casting a shadow over prospects for international trade and global economic growth.
On the contrary, he appointed Paul Volcker, a towering pillar of monetary stability, as chairman of the Board of Governors.
Moreover, to buttress its common market, the EC had just established a regional monetary system, the suggestively named “snake in the tunnel.”
While this was far from a perfect monetary system, it had one very positive attribute: countries could leave in hard economic times, and rejoin if and when the outlook brightened.
Meanwhile Europe’s monetary house remains half built.
For most countries, what we are seeing is a recalibration as investors incorporate the risk that China’s GDP might rise more slowly, the US Federal Reserve might start tightening monetary conditions more quickly, and policy backsliding in many countries might undermine potential growth.
Moreover, the Fed’s modest tightening is being matched by a trend toward looser monetary policy in the eurozone and Japan; so, overall, advanced-country monetary policy remains highly accommodative.
To be sure, much more aggressive policy action (massive and unconventional monetary easing, larger fiscal-stimulus packages, bailouts of financial firms, individual mortgage-debt relief, and increased financial support for troubled emerging markets) in many countries in the last few months has reduced the risk of a near depression.
Germany was also forced to compromise in 2012, when Merkel was pushed into agreeing to a banking union and the ECB’s “outright monetary transactions” program, which effectively turned European government bonds into Eurobonds.
Following the recession of the early 1990s, the United States maintained low interest rates and an accommodative monetary policy, just as it did after the 2008 global economic crisis.
A second explanation is that investors are extrapolating from previous shocks, such as the attacks of September 11, 2001, when policymakers saved the day by backstopping the economy and financial markets with strong monetary and fiscal policy easing.
An expansive monetary policy is partly to blame, but the real problem is an institutional setting that favors bullish sentiment.
How Europe’s leaders respond to these new political challengers will determine whether the monetary union stabilizes or fractures.
In order to secure France’s backing for German reunification, Germany agreed to create a monetary union – but not a fiscal union.
European leaders hoped that a monetary union would help Europe’s less competitive economies catch up to the richer countries of the north.
Throughout the eurozone, rising income inequality has created an underclass that is increasingly suspicious of the monetary union.
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