Sentence examples for difficulty of monetary from inspiring English sources

The essential difficulty of monetary policy is that interest rates need to be changed many months before they have any effect on inflation.

The hard task of persuasion therefore seemed to be one of explaining the zero lower bound and why it matters, the great difficulty of getting monetary traction and hence the need for fiscal action.

Moreover, there are ethical issues that are beyond the scope of this paper but involve the difficulty of assigning a monetary value to a human life.

The late 17th and 18th centuries, though their coinage was of considerable external magnificence, were not devoid of monetary difficulty.

Other difficulties accompany the use of monetary indicators.

Decisions related to integrated cultural and natural heritage are increasingly complex due to the multiple-use nature of goods and services provided by the environment, the difficulty in monetary evaluation of intangible heritage and the involvement of a large number of stakeholders.

And the contrasting economic fortunes of beaten-up Spain, where the jobless rate has reached 24%, and resilient Germany, where it is below 6%, exemplify the difficulty of finding the right monetary policy in a currency union of 17 members.The ECB's meeting on May 3rd (after The Economist went to press) was not expected to change its monetary stance.

I think we make a mistake in worrying about the technical difficulty of using either fiscal or monetary policy to whip stagnation.But I should also acknowledge a weakness in my own argument.

The future of the 13-year-old euro currency was constantly in doubt as the difficulties of sustaining a monetary union across countries with widely divergent economic prospects were harshly exposed in such difficult times.

The main difficulty of CBA or CEA concerns the monetary quantification of external and social costs [19, 24].   3.

Given the difficulty of forecasting, and the "long and variable lags", as described in The Lag in Effect of Monetary Policy, in The Optimum Quantity of Money and Other Essays (1969), between adjusting monetary instruments and their effect on the economy, the likelihood that intervention, even if undertaken with the purest motives, would prove beneficial was slim.