Sentence examples for volatility of inflation from inspiring English sources

A decade ago, such a public fessing-up for failing to maintain stable prices seemed likely to happen quite frequently, given the past volatility of inflation.

In a paper published in 2001, Olivier Blanchard and John Simon noted that both the level and volatility of inflation fell sharply in the 1980s.

"Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment," she said.

We use it to characterize posterior densities for several objects that are useful for designing and evaluating monetary policy, including local approximations to the mean, persistence, and volatility of inflation.

An explanation much loved by central bankers is that it was due to improved economic policy, particularly monetary policy, as evidenced by the decline in the level and volatility of inflation.

After adjusting for changes in volatility, persistence of inflation increases during the 1970s, then falls in the 1980s and 1990s.

However, a paper* to be presented at next week's conference will argue that, by adjusting interest rates in response to asset-price misalignments even when inflation remains on track central banks can reduce the long-term volatility of both inflation and output.

This paper uses techniques designed to accommodate nonstationary data, and the major results show that increases in the volatility of domestic inflation exert a significant negative effect on money demand in both the short run and the long run in each of the eight less developed countries (LDCs).

"The impact of that extra stimulus...would happen well after the oil price fall had moved through the economy and we would just add unnecessary volatility to inflation.

The significant drop in the volatility of output and inflation since the mid-1980s — a period known as the Great Moderation — helped lull "macroeconomists and policy makers alike in the belief that we knew how to conduct macroeconomic policy," the fund's chief economist, Olivier Blanchard, wrote in one of the papers.

Thanks to the country's long experience of volatility and inflation, most investors do not agree to long lockup periods for their money.