Sentence examples for monetary policy rate from inspiring English sources

Notes: Deviations above τ correspond to monetary policy rate cuts, while deviations below τ correspond to monetary policy rate hikes.

The monetary policy rate used in the regressions is a proxy of the average monetary policy rate for the month.

Finally, we simulate the impact of a change in the monetary policy rate on retail rates.

This mechanism may induce overpass-through from the monetary policy rate to the retail rates.1.1

In particular, the bargaining power of banks could explain why the lending rates exhibit downward rigidity to a monetary policy rate cut and upward flexibility to a monetary policy rate hike.

Finally, we find some evidence of asymmetric adjustment as short-term deposit rates respond faster to monetary policy rate cuts than hikes, and short-term lending rates respond faster to monetary policy rate hikes than cuts.

"Today's number underscores the point that the Reserve Bank of India has limited room to cut monetary policy rates because it highlights the risks that inflation poses," said Leif Eskesen, the chief economist for India and Southeast Asia at HSBC, who is based in Singapore.

This paper investigates the interest rate pass-through of monetary policy rates to retail rates in the Dominican Republic.

This generally translates into high profits for banks as well as asymmetries in the adjustment of retail rates to the monetary policy rates.

As the Dominican Republic recently adopted an inflation targeting regime, it is even more relevant to guarantee that changes in the monetary policy rates are quickly and fully reflected in retail rates, to eventually influence aggregate demand and inflation.

If changes in monetary policy rates are quickly and fully transmitted to retail rates, the latter have a faster impact on domestic demand and therefore inflation (Mishkin 1995; Becker et al. 2012).