Sentence examples similar to monetary prerequisites from inspiring English sources
Thankfully, it has signalled that it will take action at its next meeting in June (see article).But if loose monetary conditions are a prerequisite for a more vigorous recovery, it is increasingly clear that on their own they are not enough.
"Political independence of a central bank is a prerequisite of joining the monetary union," said Ernst Welteke, a council member of the European Central Bank, this week.If Central European governments kept a tighter rein on spending, central banks could afford to be less austere.
An overt move by the Federal Reserve to ease monetary policy and reduce short-term interest rates is a prerequisite for lower Treasury bill rates, analysts said.
That prerequisite is likely to apply to any aid from the monetary fund as well, even if the fund may be able to offer loans under more flexible conditions than those of the European Union rescue facilities.
Fisher believed that free markets were prerequisites for prosperity, but that their functioning could be improved with government action, mainly monetary policy by central banks.
"These are prerequisites".
"We have all the prerequisites".
Hollywood movie stars are prerequisites.
What about monetary policy?
