Near-zero nominal interest rates (and even moderately negative real interest rates) may therefore represent too-tight monetary policy: money too costly to encourage the spending and investment necessary to achieve full employment.The BIS argues instead that low rates, taken on their own, are evidence of accommodative monetary policy.
She went on to become a moderately successful real-estate agent in Florida.
Though he does drink, moderately, his only real vices are compulsive exercise — running daily one month, lifting weights the next — and the workaholism he attributes to the angst stemming from his childhood.
Their marriage and commercial success as magazine illustrators are moderately interesting, but the real core of their autobiography describes the birth of their first children's book.
However, young people in the groups agreed that all these ways of learning (family, friends, school, magazines, mobile phones, newspapers, non-profit organizations, online searching, online video, social networks, websites, TV and Twitter) were only moderately successful in providing "real education" about sexual and reproductive health.
The results show that the commercial fleet is moderately receptive to near real-time whale alerts on the bridge.
Similarly, real men can reasonably, moderately, drink Baileys.
He was not a career civil servant; he was a Columbia Law School graduate with a varied private practice career in moderately priced housing and commercial real estate matters.
A somewhat less idealized view of the constituency of public reason is offered by Gaus (2011), who suggests that we should conceptualize the members of this constituency he calls them Members of the Public as moderately idealized counterparts of the real people to whom our moral and political rules apply.
"If Thompson had run a moderately competent campaign, and created a real narrative for himself, he might be mayor," Mr. Siegel said.
