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Showing 1 - 9 of 9 results for "Policy Normalization"

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
... implementing a balance sheet normalization program this year..." The accompanying addendum to the Committee's Policy Normalization Principles and Plans, lays out the details: "For payments of principal that the Federal Reserve receives from maturing ...

Lift then back to zero (even negative)?

BENJAMIN ONG  |  TUESDAY, 15 DEC 2015
... This would create more angst and uncertainty in the markets. Besides, "Were the FOMC to delay the start of policy normalization for too long, we would likely end up having to tighten policy relatively abruptly to keep the economy from significantly overshooting ...

Fairy tales may come true

BENJAMIN ONG  |  THURSDAY, 3 DEC 2015
... sings", well, last night... she did. Read her lips and hear her sonata: "Were the FOMC to delay the start of policy normalization for too long, we would likely end up having to tighten policy relatively abruptly to keep the economy from significantly ...

Road of no return

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2015
... increase uncertainty in financial markets and unduly magnify the perceived importance of the beginning of the policy normalization process." This one sentence in the minutes of the October FOMC alone captures the message that Fed chiefs have lately been ...

Pepared for "lift-off" watch out for "ceasing"

BENJAMIN ONG  |  FRIDAY, 20 NOV 2015
... increasing the target range for the federal funds rate." "Participants referred to the Committee's statement on Policy Normalization Principles and Plans, which indicates that the timing of the cessation or phasing out of reinvestments will depend on ...

NIRP before lift-off?

BENJAMIN ONG  |  FRIDAY, 9 OCT 2015
... risks to the outlook for economic growth and inflation had increased. In their view, although the time for policy normalization might be near, it would be appropriate to wait for information, including evidence of further improvement in the labor market ...

Fed will lift later this year if...

BENJAMIN ONG  |  FRIDAY, 25 SEP 2015
... policy affects real activity and inflation with a substantial lag. If the FOMC were to delay the start of the policy normalization process for too long, we would likely end up having to tighten policy relatively abruptly to keep the economy from significantly ...

BOJ optimistic as forever

BENJAMIN ONG  |  THURSDAY, 19 FEB 2015
... participants indicated that their assessment of the balance of risks associated with the timing of the beginning of policy normalization had inclined them toward keeping the federal funds rate at its effective lower bound for a longer time". Should the ...

Fed alert to market reaction to Fed action

BENJAMIN ONG  |  THURSDAY, 10 JUL 2014
... not to spook markets and/or accounted for likely market reaction. For example, on the topic of "Monetary Policy Normalization", yup they're considering it but... it lest it spook the markets, add in "this topic was undertaken as part of prudent planning ...
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