asterisk2a + dogma + china + nominal   1

Carney: No need for interest rate rises now - BBC News
Carney said that collapsing oil prices and an "unforgiving" global environment meant that tighter monetary policy was not yet necessary. [...] He pointed out that the Fed's rate rise had only brought the US interest rate to the same "lofty level" as the Bank of England's. The Governor said that three factors would be the strongest guide to when interest rates might rise. First, that economic growth in the UK would be higher than the average trend. He said that growth at an average quarterly rate of 0.5% in 2015 had "disappointed". Second, that wage growth strengthens and productivity improves. And, third, that core inflation starts to approach the target rate of 2%. //&! Rate rise pause till early 2017? - - [ global risks are building, global imbalances, faultlines. ] There's a frying pan - the global growth slowdown - and a fire - high levels of indebtedness - out there. &!
Fed  BOE  2016  Taper  UK  USA  monetary  policy  Mark  Carney  Fed  mandate  productivity  output  gap  inflation  expectation  inflation  targeting  nominal  GDP  targeting  deflationary  deflation  Oil  price  commodity  prices  wage  inflation  GDP  secular  stagnation  economic  history  austerity  fiscal  policy  property  bubble  consumer  debt  household  debt  credit  card  debt  mortgage  market  ZIRP  NIRP  QE  private  debt  corporate  debt  Europe  ECB  China  credit  bubble  2015  global  economy  BRIC  OPEC  aggregate  demand  Richard  Koo  overcapacity  Supply  and  and  Supply  liquidity  trap  monetary  transmission  mechanism  monetary  stimulus  monetary  theory  unconventional  monetary  policy  debt  monetisation  debt  monetization  zombie  consumer  zombie  corporations  zombie  banks  debtoverhang  balance  sheet  recession  deleveraging  margin  trading  speculative  bubbles  equity  bubble  Super  Cycle  debt  servitude  leverage  George  Osborne  dogma  ideology  neoliberalism  neoliberal  faultlines  global  imbalances  distortion  emerging  middle  class  emerging  market  Frontier  Markets  sovereign  debt  crisis  unintended  consequences  unknown  unkown  QT  financial  repression  New  Normal 
january 2016 by asterisk2a

related tags

aggregate  and  austerity  balance  banks  BOE  BRIC  bubble  bubbles  card  Carney  China  class  commodity  consequences  consumer  corporate  corporations  credit  crisis  Cycle  debt  debtoverhang  deflation  deflationary  deleveraging  demand  distortion  dogma  ECB  economic  economy  emerging  equity  Europe  expectation  faultlines  Fed  financial  fiscal  Frontier  gap  GDP  George  global  history  household  ideology  imbalances  inflation  Koo  leverage  liquidity  mandate  margin  Mark  market  Markets  mechanism  middle  monetary  monetisation  monetization  mortgage  neoliberal  neoliberalism  New  NIRP  nominal  Normal  Oil  OPEC  Osborne  output  overcapacity  policy  price  prices  private  productivity  property  QE  QT  recession  repression  Richard  secular  servitude  sheet  sovereign  speculative  stagnation  stimulus  Super  Supply  Taper  targeting  theory  trading  transmission  trap  UK  unconventional  unintended  unknown  unkown  USA  wage  ZIRP  zombie 

Copy this bookmark: