Sentence examples for committing to keep from inspiring English sources
The Fed has been unusually explicit in committing to keep interest rates near zero until unemployment falls to 6.5% or lower, which analysts take to mean until 2015.
They began by cutting interest rates to zero, and later introduced forward guidance, committing to keep policy rates at zero for a protracted period.
On Monday, North Korea said it had "nullified" an agreement with South Korea committing to keep the Korean Peninsula nuclear-free.
It cut interest rates to zero and took monetary policy far into uncharted territory: buying bonds with newly printed money and committing to keep interest rates near zero for years to come.Barack Obama and Congress have also piled on responsibilities.
In other words, the aim is to bring borrowing costs down, if needed, but Draghi won't nail the ECB's credibility to the mast by committing to keep, say, Spain's yields below a certain level.
That provides theoretical justification for the Fed's dual mandate of stable prices and maximum employment.To QE or not to QEMr Summers has never been a central banker and has been largely absent from the debates on quantitative easing (or QE, the purchase of bonds with newly created money) and "forward guidance" (eg, committing to keep interest rates at zero until various criteria are met).
One immediate consequence – and a first shot in the Osborne campaign to lead the Tory party – came when the chancellor tickled the tummies of his backbenchers, and committed to keep defence spending at or above 2% of GDP, a commitment he has doggedly resisted making until now.
The team members left discouraged but committed to keep their eyes on the long-term goal.
And he said the group would not commit to keep off the types of nutrients that food companies like to trumpet on their packaging, like vitamins and fiber.
