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Showing 1 - 9 of 9 results for "Committee judges"

Economic recap: Week to September 24

BENJAMIN ONG  |  MONDAY, 27 SEP 2021
... employment and inflation has risen to 2% and is on track to moderately exceed 2% for some time". Therefore, "the Committee judges that a moderation in the pace of asset purchases may soon be warranted". Risk assets rallied and the CBOE VIX index - the ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... federal funds rate at 1-1/2 to 1-3/4 percent," it said. And that should be enough for the duration of 2020. "The Committee judges that the current stance of monetary policy is appropriate to support sustained expansion of economic activity, strong labor ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
... labour costs will pick up to target-consistent rates." Leading to the BOE's updated forward guidance that, "The Committee judges that, were the economy to evolve broadly in line with the February Inflation Report projections, monetary policy would need ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
... Federal Reserve's securities holdings will continue to decline in a gradual and predictable manner until the Committee judges that the Federal Reserve is holding no more securities than necessary to implement monetary policy efficiently and effectively." ...

Patience, my dear

BENJAMIN ONG  |  MONDAY, 16 MAR 2015
... for the first time this year back in January. But Janet kept her cool. "Based on its current assessment, the Committee judges that it can be patient in beginning to normalize the stance of monetary policy." The key to "guessing" whether or not that keyword ...

Deflation is the Darth Vader of the economy

BENJAMIN ONG  |  THURSDAY, 29 JAN 2015
... closed 1.4% down and the Dow came off by 1.1%. The FOMC maintained that "Based on its current assessment, the Committee judges that it can be patient in beginning to normalize the stance of monetary policy". Though it noted that, "Market-based measures ...

QEnd is here

BENJAMIN ONG  |  THURSDAY, 30 OCT 2014
... because... "Although inflation in the near term will likely be held down by lower energy prices and other factors, the Committee judges that the likelihood of inflation running persistently below 2 percent has diminished somewhat since early this year." ...

No QE, not bad

BENJAMIN ONG  |  WEDNESDAY, 4 APR 2012
... quarters and consequently anticipates that the unemployment rate will decline gradually toward levels that the Committee judges to be consistent with its dual mandate. Strains in global financial markets have eased, though they continue to pose significant ...

Machines of loving grace

BENJAMIN ONG  |  THURSDAY, 3 NOV 2011
... coming quarters..." No, it is not. "...the unemployment rate will decline only gradually toward levels that the Committee judges to be consistent with its dual mandate. Moreover, there are significant downside risks to the economic outlook, including ...
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