Sentence examples for future path of policy from inspiring English sources

"Providing information about the future path of policy could be useful, probably would be useful, under even normal circumstances," he said in response to a question.

Regarding some recent innovations in the way the FED is communicating to the public, Williams stressed that the FOMC has been "slimming down" its statements and using less forward guidance about the future path of policy.

More here: We are all forward guiders now Frederik Ducrozet of Credit Agricole also draws three conclusions from the ECB's press conference today, in a new research note: In an unprecedented move by ECB standards, Mario Draghi gave more explicit guidance about the future path of policy rates, which will remain at low levels "for an extended period of time".

Initially, this is likely to focus on adopting a more flexible inflation-targeting framework, which could include providing more "forward guidance" on the future path of monetary policy (for example, an explicit commitment that rates would remain at 0.5% for a stated duration) and/or threshold rules similar to those recently adopted by the US Federal Reserve.

The research team believes that findings and results of the current study may also help to inform policy makers to determine the future path of the planned health financing reform.

If not — if the risks impelling the end of quantitative easing are left vague then central banks will continue to fail to successfully build a firewall between their policies with respect to the size of their balance sheet and their policies with respect to the future path of interest rates.

"Conventional monetary policy works by changing market expectations for the future path of short-term interest rates, which, in turn, influences the current level of longer-term interest rates and other financial conditions," Mr. Bernanke said.

And here's Weale's conclusion, in which he explains his doubts over the power of the policy: A theory-based analysis suggests that the effect [of forward guidance] should be powerful, provided that the policy leads to markedly lower expectations of the future path of interest rates and thus on the date of the first increase in Bank Rate.

The Federal Reserve's two-day meeting next week will mark the first at which members of the policy-setting Federal Open Market Committee offer their individual forecasts for the future path of the benchmark interest rate the central bank controls.

Policymakers also discussed other policy options, including cutting its main interest rate and giving explicit guidance on the future path of rates.

So as the data changes, the market path of the likely future path of interest rates should change, Carney explains.