Sentence examples for failure of monetary policy from inspiring English sources
The crisis isn't just a failure of monetary policy, but a failure of the monetary regime.
I cannot see strong unemployment data as a failure of monetary policy, Osborne continues.
The failure of monetary policy in the current crisis shows that Keynes had it right the first time.
The big question, relevant here too, is whether this was a failure of monetary policy or of regulatory policy.
And the failure of monetary policy to deliver a sustained, balanced recovery has meant deficit-reduction plans have had to be torn up too.
The root causes were a failure of monetary policy (the Fed kept its short-term interest rate too low between 2001 and 2004), a failure of regulatory oversight (the Federal Reserve and the S.E.C. were "asleep at the switch") and a failure of intellectual rigor (economists claimed that the enlightened self-interest of bankers and shareholders would suffice to prevent such a crisis).
But that was a failure of bank supervision, not of monetary policy.
Watching Japanese timidity and failures has surely made him more willing to experiment with unconventional forms of monetary policy in the aftermath of our own financial crisis.
As former Fed Vice Chairman Manuel Johnson wrote with Robert Keleher in Monetary Policy, A Market Price Approach, due to the fall of longer-term Treasury yields on Oct. 19 that shrank the spread between the 10-year and the Fed funds rate, failure on the Fed's part to reduce its rate would have "constituted a de facto tightening of monetary policy".
The failure of the monsoon rains this year will cut food production by 5percentthethe bank forecast in its half-yearly review of monetary policy.
