Unconventional
in sentence
476 examples of Unconventional in a sentence
Indeed, the final argument – in a sense underpinning the others – is that the Fed became less worried about the potential for collateral economic damage from prolonged reliance on
unconventional
monetary policy.
Meanwhile, continued and prolonged reliance on
unconventional
policies does involve unusual uncertainty and potential costs.
As a result, we will have no choice but to add other sources of energy – renewables, yes, but also more nuclear power and
unconventional
fossil fuels such as oil sands.
But financial markets’ reaction to the US Federal Reserve’s warning in May that it may wind down its
unconventional
monetary policies led many analysts to question how rapid emerging-market growth would be.
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.
The list of
unconventional
measures has been extensive.
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.
As a result,
unconventional
monetary policies – entrenched now for almost a decade – have themselves become conventional.
The next stage of
unconventional
unconventional monetary policy – if the risks of recession, deflation and financial crisis sharply increase – could have three components.
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.
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.
NEW YORK – Monetary policy has become increasingly
unconventional
in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance, and unlimited exchange-rate intervention.
But now we have come to the most
unconventional
policy tool of them all: negative nominal interest rates.
Looking ahead, some signs point to the global economy’s accelerated healing and growing resilience, which bodes well for an orderly retreat from
unconventional
policies.
Containing Competitive Monetary EasingMUMBAI – As the world struggles to recover from the global economic crisis, the
unconventional
monetary policies that many advanced countries adopted in its wake seem to have gained widespread acceptance.
More problematic, the disregard for spillovers could put the global economy on a dangerous path of
unconventional
monetary tit for tat.
To be sure, there is a role for
unconventional
policies like quantitative easing (QE); when markets are broken or grossly dysfunctional, central bankers need to think innovatively.
Rather, the mandates of systemically influential central banks should be expanded to account for spillovers, forcing policymakers to avoid
unconventional
measures with substantial adverse effects on other economies, particularly if the domestic benefits are questionable.
With a few rare but laudable exceptions, officials at multilateral institutions have not questioned these
unconventional
monetary policies, and have largely been enthusiastic about them.
Endorsing
unconventional
monetary policies unquestioningly is tantamount to saying that it is acceptable to distort asset prices if there are other domestic constraints on growth.
Even as source-country central banks have painstakingly communicated how domestic conditions will guide their exit path from
unconventional
policies, they have remained silent about how they would respond to foreign turmoil.
In the process, they are creating financial-sector and cross-border risks that will become increasingly apparent as countries exit their
unconventional
policies.
Ultimately, Pentheus’s rigidity – his attempt to suppress, rather than understand or adapt to, the emotions inflamed by the passionate and
unconventional
Dionysus – proves to be his undoing.
And, though
unconventional
measures have reduced financial instability, their effectiveness in countering widespread deflationary pressures or restoring growth remains dubious.
But, if large-scale investment and reform programs were initiated as complements to
unconventional
monetary-policy measures, the economy could move onto a more resilient growth path.
Thus far, they have been willing to step into the breach, finding new and increasingly
unconventional
ways to try to influence the direction of troubled economies.
To the extent that
unconventional
monetary policy – including various forms of quantitative easing, as well as pronouncements about prolonging low interest rates – serves these roles, it might be justified.
Other
unconventional
policies, however, have been undertaken to stimulate the economy, rather than to deal with broken markets.
By creating the impression that something beneficial is being done,
unconventional
monetary policy relieves pressure on politicians.
But high levels of US investment in drones, cyber-tools, and other
unconventional
weaponry will most likely be maintained.
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