Sheet
in sentence
661 examples of Sheet in a sentence
The argument in favor is that failure to do so would raise fears about how increased public debt would ever be repaid, or about how the ECB would “exit” from a swollen balance sheet, in turn undermining the stimulative impact of fiscal and monetary coordination.
After expanding its balance
sheet
to nearly 60% of GDP – double the size of the Fed’s – the BOJ is finding that its campaign to end deflation is increasingly ineffective.
But the structure of China’s national balance
sheet
suggests that it still has plenty of room to mitigate the risks that escalating debt might bring.
(Part of the difference has ended up on the European Central Bank’s (ECB) balance sheet, but this cannot be a permanent solution.)
And because the government’s balance
sheet
is still strong enough to bail out unviable financial firms, it can address any emerging sources of stress in that crucial sector.
In 1999, a core inflation rate of around 2%, combined with unemployment below 5%, justified a federal funds rate of 5% (and a “normal” balance sheet).
Today, the Federal Reserve has kept its benchmark rate below 1.5% – 350 basis points lower than in 1999 – and has postponed any reduction in its bloated balance
sheet.
And, even if the banks’ private depositors, whose claims are 39% of the aggregate balance sheet, were excluded, the debt-equity swap necessary to compensate for a loss of up to 100% of the equity would be less than 12% of the creditors’ investment volume.
This forecast of excess demand is an important part of the Fed’s rationale for raising the policy rate and shrinking its balance
sheet.
In 2014 alone, ordinary people suffered from heat waves in Australia, floods in Pakistan, and droughts in Central America, while the collapse of the West Antarctic ice
sheet
has been shown to be irreversible.
In fact, ECB President Mario Draghi signaled a willingness to expand his institution’s balance
sheet
by a massive €1 trillion ($1.25 trillion).
It would not allow broad-spectrum, full-scale bankruptcies, in which failing operations are closed under the court’s aegis, viable operations are sold, and debts are restructured up and down a company’s balance
sheet.
Some countries, notably Saudi Arabia, which issued the largest volume of external debt of any emerging market in October 2016, started with a clean balance
sheet
– no outstanding debt and a high stock of assets.
But I applaud the US Federal Reserve’s long-overdue commitment to the normalization of its policy rate and balance
sheet.
The fitful and disorderly unwinding of QE0 is most likely overwhelming the effects of reassurances by Fed officials that they will maintain a large balance
sheet.
There is no reason why that cannot be achieved – the overall balance
sheet
of China, Inc. remains strong – but the domestic distributional consequences will require careful management.
Why such tinkering is appropriate on the asset side of the balance sheet, while liabilities remain unchanged, is not explained.
In order to kick-start progress, ECB President Mario Draghi has proposed a grand policy bargain to European governments: if they implement structural reforms and improve fiscal flexibility, the central bank will expand its balance
sheet
to boost growth and thwart deflation.
The National Chicken Council, the trade association for the US chicken industry, recommends a stocking density of 85 square inches per bird – less than a standard
sheet
of typing paper.
Moreover, the Fed became gun-shy and did not continue to increase its balance
sheet
beyond $2 trillion.
And Switzerland’s central bank recently launched a costly and futile attempt to stop the Swiss franc’s rise against the euro – an effort that produced only large losses on the bank’s balance
sheet.
A healthy state balance
sheet
could help, because part of the income flowing to capital would go to the state.
China’s economy is still only a fraction of the size of America’s, and the Fed’s ability to expand its balance
sheet
is effectively unlimited.
In Europe, every balance
sheet
available has been tapped to forestall a debt crisis in the periphery, resulting in large bailout packages for Greece, Ireland, and Portugal, and the contamination of the ECB’s balance
sheet.
Parameters become variables; balance
sheet
repairs proceed in a slow and uneven fashion; and policymakers experience an uncomfortable shift in the balance of benefits, costs, and risks.
According to the conventional view, helicopter money is newly printed cash that the central bank doles out, without booking corresponding assets or claims on its balance
sheet.
Nonetheless, he has initiated a policy of replacing the government bonds on the BOJ’s balance
sheet
once they mature, while constantly increasing the volume of government debt on the central bank’s books.
A special bed
sheet
monitored the vital signs, without any instrument attached to the body.
If just one child died on this sheet, no matter the cause, the company producing the
sheet
would likely be held liable.
So the
sheet
was not produced, and thousands of families are forced to continue using old, painful monitoring systems.
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