Giuliani says he supports the short-term monetary policies of the Federal Reserve but stresses the need for long-term, permanent changes to create a more attractive investment environment.
Instead, America needs to get its macro-medicine right, in particular by committing itself to medium-term fiscal and monetary stability without excessive short-term tightening.
Implied yields were already reflecting an about-face in the direction of short-term monetary policy before some profit-taking set in for Aussie bills.
According to Joseph LaVorgna, Chief U.S. economist at Deutsche Bank, a recent in Fed rhetoric has significantly impacted market perceptions of near-to-medium term monetary policy.
The ones who value short term monetary gains over brand reputation?
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And those who lament the severity of student-athlete exploitation are understating the direct and long-term monetary value of an athletic scholarship and overstating how much revenue generated by schools is due to individual student-athletes as opposed to the brand identity of the institutions they play for.
Monetary easing which includes downward movement of short-term interest rates must surely be more effective than monetary easing without downward movement of short-term interest rates.
With long-term rates rising, despite a monetary policy which is keeping short-term rates at historic lows, the Federal Reserve, America's central bank, might find it hard to persuade home owners to do more of what it wants them to do (go shopping) were the economy to stumble.
Compensation and performance management represent major opportunities for analytics, by crafting highly specific programs that provide just the right kind and amount of incentives, monetary and non-monetary, short-term and long term, private and public.
I've been speaking to one respected economist and policymaker who thinks I've forgotten one big way that short-term decisions on UK fiscal and monetary policy could affect the UK's long-term economic health.
So he cannot, as many previous chancellors have done, sacrifice sound monetary policy for short-term political gain.
The development of the Term Deposit Facility is an issue of prudent planning and should have implications for the near-term conduct of monetary policy.
The report bolstered ideas the U.S. Fed will make a fresh monetary stimulus move in the near term.
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The truth is that, except for low short-term interest rates, monetary policy has not been easy for quite a while.
The Reagan-Volcker plan got us out of the 1970s, no small feat, but it did not evolve into a long-term stable, successful monetary policy.
News overnight that China has once again tightened its monetary policy is a near-term bearish weight on most commodity markets Tuesday, including the precious metals.
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Even if monetary policy can create short-term jobs, we should not let the Fed decide how much wealth to take from savers and people on fixed incomes to increase employment.
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While a global tightening of monetary policy should in the long term help to check inflation and so be beneficial for bonds, in the short term it would knock the stuffing out of both bonds and equities.
In December, it exhausted its supply of conventional monetary ammunition when it lowered its short term-interest rate to between zero and 0.25%.
The speech is now a matter of public record, as are transcripts of the testimony from every hearing the good doctor presided over as chairman of the House Subcommittee on Domestic Monetary Policy and Technology during his final term.
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The Fed conducts traditional monetary policy by buying or selling short-term Treasury securities in the open market.
But the dilemma is how to make fiscal policy more flexible, in order to take pressure off monetary policy, while still maintaining long-term discipline.
One look at a long term growth chart from the International Monetary Fund shows Brazil growing steadily, but relatively slowly, while China and India are more like rockets heading through the stratosphere.
For example, the Goldman Sachs monetary-conditions index (based on a weighted average of short-and long-term interest rates and the trade-weighted exchange rate) suggests that America's monetary policy is currently at its tightest since 1989, largely reflecting the strong dollar.
Participants who see higher prices said given the long-term fundamental backdrop of ultra-loose monetary policy, gold will be underpinned.
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Finally, the Federal Reserve should cease its deflationary monetary policy, which has sent real short-term interest rates to very high levels and has helped batter commodity prices.
Finally, the Federal Re-serve should cease its deflationary monetary policy, which has sent real short-term interest rates to very high levels and has helped batter commodity prices.
The issue is one part of a larger debate over what, if anything, fiscal and monetary policy can do to inspire a short-term rebound and at the same time to encourage longer-term rehabilitation of weak Western economies.
But that may require the International Monetary Fund - which operates programmes of short-term loans to aid countries in immediate financial difficulties - to change some of the conditions of its lending, which have in the past endorsed financial orthodoxy.
Operations including its Outright Monetary Transactions (OMTs) and the Long-Term Refinancing Operations (LTROs) helped bring down yields on eurozone sovereign bonds, making it less expensive for governments to borrow on international markets and pay off their interest payments to creditors.
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