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If there is slack in the economy or inflation dips, policy should be eased.Of course the Taylor rule is only a rough guide.
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Surely this is only an extended cyclical dip, some policy makers say.
Greenspan & Co. should continue to sell these bonds until gold, the best gauge of monetary policy, dips below $400 an ounce.
It is a full plate, and all a long way from Mr. Obama's first dip into Russia policy, when he joined the Senate's Foreign Relations Committee and traveled to Russia, Ukraine and Azerbaijan on a 2005 summer tour with Senator Richard Lugar of Indiana, the Republican foreign policy statesman.
Even as gas tax revenues dip, however, our transportation policy remains largely focused toward building ever more and wider highways, instead of serving the full array of America's emerging transportation needs.
("Loose quips sink dips," cautioned Leon Fuerth, Al Gore's foreign policy adviser, tutoring his egghead colleague in the ways of the hard-boiled).
It is not the first time that the property market has looked fragile, but previous dips were driven by deliberate policies to cool the market.
WASHINGTON -- After 18 months of careful image-making and bipartisanship, Michelle Obama is shifting course as first lady, stepping up her policy agenda and dipping into election-year politics to campaign and raise money for Democrats.
In this moment of peril, the country needs an insurance policy against the double dip.
Despite growing fears that Britain is heading for a double-dip recession, the nine-strong monetary policy committee chose not to increase its £200bn quantitative easing (QE) programme.
For those of you who want to dip a tentative toe into the policy waters, try volunteering for public-policy activities with local and national professional organizations and advocacy groups.
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