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"The committee was using communication — mere words — as its primary monetary policy tool.
This will be portrayed as a classical monetary policy instrument fully in line with the ECB's primary monetary policy remit.
Trade-dependent Singapore uses the exchange rate as its primary monetary policy tool, and has slowed the pace of appreciation to try to support growth.
The Fed balance sheet has become a primary monetary policy tool as the unwinding continues, but longer-term they could increase the balance sheet without using quantitative easing measures.
There is no wage inflation though, and with Ben Bernanke's Federal Reserve showing that their primary monetary policy goal is avoiding deflation Hoey does not anticipate any rate tightening from the Fed before late 2010.
"In God We Trust" is printed on American primary monetary system.
Similar(53)
As expected, the appetitive reward task identified a main effect of task in a set of regions previously associated with primary and monetary rewards [31], [32], [33], [34], [35], [36], including the medial ventral and orbital prefrontal cortices, the ventral striatum, and the posterior cingulate cortex (Figure 2).
ALL central bankers agree that price stability should be the primary goal of monetary policy.
These days, the primary way that monetary policy works is by influencing expectations about future changes in policy.
Let's compare two primary enforcement tools/consequences, monetary fines and bad press coverage.
Historically, under the gold standard of currency valuation, the primary goal of monetary policy was to protect the central banks' gold reserves.
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