The current conventional wisdom that central banks will reduce economic and financial instability by keeping inflation low and stable is flawed.
The Fed is committed to both parts of its dual mandate and will take all measures necessary to keep inflation low and stable.
When interest rates are low and stable, a Ginnie Mae or other high-quality mortgage fund should generate some extra income, Smith Breeden's Mr. Dektar says.
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This theory gave rise to the popular belief that recessions could be avoided so long as governments pursued prudent monetary policies to keep inflation low and stable.
The benefits of price stability, low and stable interest rates, an increase in high paying jobs and the spread of prosperity would redound to the benefit of all.
Thus, during the era of commodity money in England, lenders were willing to float bonds (consols) without any redemption dates, and interest rates remained relatively low and stable.
When he was chancellor of the exchequer, inflation was low and stable, national output grew quarter after quarter, and year after year Mr Brown boasted of his brilliant management.
That is because mortgage interest costs have been at historically low and stable levels, thanks to the Bank of England pushing its bank rate down to 0.5% in early 2009.
Building reactors, such as the 1, 000 megawatt unit Egypt plans to develop west of Alexandria, is expensive, but subsequent operating costs are low and stable, and increasingly competitive as fossil-fuel prices rise.
In Israel, Solaris Synergy has developed a concentrated photovoltaic technology for a floating farm, which includes an innovative evaporation cooling technology called Aquasun that keeps the silicon elements at a low and stable temperature.
Interest rates were low and stable.
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"After a decade of low and stable inflation and continuous growth, the chancellor announced in the pre-Budget report that we will now move to a single low rate of 18%, which will make the system more straightforward and sustainable while incentivising investment and enterprise, " the statement added.
American innovation and productivity, underscored by low taxes and stable monetary value, have attracted massive capital flows.
He said that Labour's ambition for a second term was to entrench a long-term culture of stability in the economy, with low inflation and stable growth the priority.
Remember the Magic Formula: Low Taxes and Stable Money.
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In a semiannual report to Congress, Fed Chairman Ben Bernanke told politicians that commodity-price inflation, and oil prices more specifically, could pose a threat to economic growth and price stability if sustained at high levels, while at the same time reassuring markets and politicians that inflation remained low and expectations stable.
They believed that both incentives toward production (low taxes) and a stable currency (low deficits) were equally important.
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His prescription for prosperity: low taxes and sound, stable money.
In the Reagan years, there were tax cuts, real nice ones, on the income tax, down at the top from 70% to 28%, in the context of strong-dollar policy and a low, stable gold price.
It's the first handset to feature optical image stabilization -- the floating sensor and lens enable ultra-stable video recording and phenomenal low-light stills.
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The WarpDrive card is designed to provide system integrators and system builders with a robust and stable solution with assured interoperability and a low-risk path to market.
Even more tellingly, most of the other achievements Mr Fox mentions, such as low inflation and unemployment, a stable economy and the Progresa anti-poverty programme, were legacies of the previous government.
In global finance, the Bank for International Settlements should be transformed from a discussion forum for central bankers into a policy co-ordinating body, turning it into the world's central bank with a mandate to keep inflation stable and low worldwide.
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Using a reaction equilibrium metaphor, Fear and Greed are two reasonably stable, low-energy states for a Board, and which one is the preferred resting state depends on the makeup of the group.
The FOMC also says it continues to anticipate economic conditions, including low rates of resource utilization, subdued inflation trends and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Other nations have leapt ahead by implementing clean energy strategies that coordinate long-term investment in integrated research and development, low-cost financing for clean tech manufacturers, and stable policies to ensure domestic demand for clean energy.
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For example, stable prices and low inflation are one goal, but so is full employment.
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