Sentence examples for stance of policy from inspiring English sources
Most of this distortion is deliberate and a desirable effect of the stance of policy.
"It would be helpful for the overall stance of policy if fiscal policy could play a greater role alongside monetary policy," he said in Jackson Hole.
"They also stressed the importance of communicating the committee's commitment to maintaining a highly accommodative stance of policy as long as warranted by economic conditions".
As a consequence, the committee agreed that an adjustment in the stance of policy is warranted during this extended intermeeting period.
But the Fed "stands prepared to maintain a highly accommodative stance of policy for as long as needed to promote satisfactory economic performance".
"The FOMC stands prepared to maintain a highly accommodative stance of policy for as long as needed to promote satisfactory economic performance.
In effect, the burden of keeping the economy on an even keel was passed to the Bank of England: "The envisaged stance of fiscal policy will not stem excessive demand pressures, implying that monetary policy has to do so".
When the stance of monetary policy today depends in large part on the stance of monetary policy in 2015, Fed personnel decisions (and market sentiment about them) are hugely important.
Indeed, although the Bank of Japan's policy approach during the QE period was quite multifaceted, the overall stance of its policy was gauged primarily in terms of its target for bank reserves.
Because it knows the result it wants (higher interest rates) it misreads the particular risks of the moment.This misreading begins with its assessment of the stance of monetary policy; in the BIS's view low interest rates are indicative of loose monetary policy.
But now, maintaining the stance of monetary policy (other things equal) means keeping the balance sheet constant and promising to leave the policy rate near zero for several years.
