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audits of its operations and management, but exempted monetary policy from the scope of those audits.
Accommodative monetary policy from the Fed has been credited with helping to push up stock prices.
At the moment, turmoil in sovereign bond markets is preventing the ECB's monetary policy from working.
In the international arena, he explained that Britain must detach its monetary policy from that of the United States.
Easier monetary policy from the Fed and the fund's welcome rediscovery of Keynes's General Theory are certainly appropriate.
The Fed was created as an independent arm of the government to insulate its decisions about monetary policy from popular pressure.
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The stock market's advance this year has come largely on supportive monetary policies from central banks around the world, which helped the markets ignore the Wall Street adage of "sell in May, go away" — a historical trend of seasonal weakness.
He blamed foreign countries that link their currencies to the dollar and therefore import too-loose monetary policies from the U.S.
According to Dudas, the cyclical global economic recovery, a lagged supply response and continued reflationary monetary policies from the Federal Reserve and the European Central Bank should allow valuations to expand.
With a little help from monetary policy, and from their (emerging market) friends.
Colorful interpretations of recent monetary policy abound, from both commentators and politicians.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com