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As with any insurance policy, taking on a bigger excess will reduce premiums.
However, she argues that an updated policy taking into account greenhouse gas emissions targets is needed.
It assesses "the risks considered most relevant to the conduct of monetary policy", taking into account the costs should disaster strike, slight as the chance may be.
One answer would be an industrial policy, taking advantage of low interest rates to support infrastructure rebalancing including education, research and regional involvement.
But in 1972, the then president, Anwar Sadat, threw out thousands of Soviet military advisers and realigned the country's foreign policy, taking his nation closer to the US.
The launderer might use dirty money to buy an annuity, say for $100,000 or more, and then quickly surrender the policy, taking the cash.
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Fiscal policy takes even longer to work.
The policy takes effect next August.
The policy takes effect Jan . 1
The policy took effect in 1998.
The policy took effect in the Reagan administration.
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