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August 2013: Carney unveils a strategy of "forward guidance", under which policymakers will not consider raising rates until unemployment declines to 7% (from 7.8%).
August 2013: New Bank of England governor Mark Carney unveils a strategy of "forward guidance", under which policymakers will not consider raising rates until unemployment declines to 7% (from 7.8%).
The fund gave its backing to the Bank of England's policy of forward guidance, under which Threadneedle Street has pledged to hold interest rates at 0.5% at least until unemployment comes down to 7%.
The committee of owners and breeders that assigns Grade I status to races unfortunately uses a computer-generated formula for guidance, under which races receive high ratings if they feature a large number of Grade I winners in the field.
For the provinces, Mr. Ishihara's tax proposal resembles a sort of Boston Tea Party, the first dramatic crack in a system euphemistically called administrative guidance, under which the central government decides everything from budgets to road projects on behalf of the local authorities.
NIESR said that the faster-than-expected fall in unemployment in Britain had been "a welcome surprise", but criticised the Bank of England's confusing message over forward guidance, under which the Bank said it would not consider raising interest rates until the unemployment rate has fallen to 7%.
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If as expected, unemployment continues to fall, this will put pressure on the Bank to change or even abandon, its forward guidance policy, under which interest rates are frozen until unemployment has fallen to 7%.
The government is already reviewing current guidance - under which port operators and other businesses are expected to pay mitigation costs for any transport improvements which disrupt existing road and rail users.
While the National Labor Relations Board NLRBB) has issued guidance detailing the circumstances under which employees can talk about or criticize their employer, each situation is unique and is best handled by HR.
Model instability may be due to the insensitivity of a wide ranging generalist predator such as the Indian Python to climate specifics, but if so, climate modelers need additional guidance on the conditions under which MaxEnt will perform well.
This guidance outlines the conditions under which an economic analysis should be carried out.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com