Monetary Quotations | Page 3

Yields won't gain much after the policy shift because the central bank won't keep tightening monetary policy.

Yields are set to climb as we see signs of inflation. Fukui's comments assured us he has not given up the plan to shift monetary policy.

The question you have to ask is: Do you think monetary policy is really too tight? I don't think it is.

The panic of 1837, the contest of the United States Bank with President Jackson, its defeat, and its subsequent failure as a state bank, the consequent distress in local financial circles--all conspired to shift the monetary center of the country to New York.

With core consumer prices set to rise steadily above zero and today's GDP report confirming that a steady recovery is at work, there is almost no obstacle left for the Bank of Japan in ending its super-loose monetary policy.

With sound monetary policy, the increases in import prices are offset by lower inflation for domestically produced goods and services.

When the fog of war is finally lifted, we may find that economic growth remains weak because monetary policy turns out to be less accommodative than the Fed thought,

When the Fed is easing monetary policy, you don't want to get bearish -- you don't want to stand in front of a moving train.

When monetary policy turns more accommodative, the more cyclical, leveraged and more-volatile asset classes generally outdistance defensive names.

We've now got synchronized monetary policy everywhere in the world. It's a sign of confidence in the economic recovery.

Financial markets, along with households and businesses, seem to be reasonably well prepared to cope with a transition to a more neutral stance of monetary policy, ... Although many factors may affect inflation in the short-run, inflation in the long-run, it is important to remind ourselves, is a monetary phenomenon.

Experience in many countries tells us that by accumulating foreign exchange reserves, eventually the monetary policy consequences could be big.

The government and the BOJ will work as one to defeat deflation, and we hope the BOJ will keep taking effective monetary policy and earn the markets' trust.

To do otherwise would run the risk that monetary policy would be too accommodative, pulling resources from the future in a way that would alter the trajectory for the growth of the capital stock, perhaps amplifying the imbalances, and compromising the price stability.

While the US Fed appears to have shortened its commitment to rate hikes by deleting the word 'measured', the US monetary authority still implies there are good chances of more rate hikes beyond the March meeting.

While the stronger-than-expected rise in British GDP put a further dent in the prospects of an interest rate cut in February, we still expect the combination of sluggish growth and falling inflation this year to prompt a modest loosening of monetary policy.

While the RBA might engage in occasional bouts of jawboning, we see little prospect of the RBA moving in either direction for some considerable period. That, indeed, was the main message out of yesterday's monetary policy statement.

While the minister and governor are here, let me commend them for their terrific leadership, courage, and the skill and confidence that they bring to the monetary and fiscal economic policy issues of their country,

We wanted to do something to help rebuild the city, to contribute something that would help the residents directly. When you give monetary donations, you're not sure if the people who need the help actually get it. This opportunity to rebuild the community physically got us really excited.

We've got a big swing in fiscal policy, and a huge monetary stimulus, something we haven't had in a long time.

We all remember the bad old days of the 1970s ... the Fed's response went down as one of the greatest monetary policy mistakes in my lifetime,

There is direct monetary value for us from being a distribution mechanism for the toolbar.

The reason for this tremendous shift towards greater transparency is because of the growth and dominance of the capital markets. The monetary policy impulse is now driven by how the bond market, stock market, currency market react, so now it is more important that those markets understand what the Fed intends.

The recent rise in the oil price could see consumer spending pull back in coming months ... if we were in charge of monetary policy, we would not tighten.

The recovery is not firmly in place. There is no reason to withdraw stimulus right now. The need is to make sure that the recovery in Japan is self-sustained -- and that means it's hard to see any good reason for monetary policy to tighten.

We will be faced with a year and a half of virtually no growth in this economy. We should not have had interest rates ever getting to 7.25 percent. The monetary policy cycle is far too aggressive.

This week's data is proof that the hawks in the Monetary Policy Committee are wrong, giving gilts support this week.

Those ratings have come from fundamental improvements in monetary and fiscal policy. Deficit spending has declined considerably in emerging-market countries.

What's different this time is that there is a lot more stimulus now than any time in the past 50 or 60 years. I've never seen a period with so much help from both the fiscal and monetary side.

What people get out of our show is they get to see how everyday people are situated in history. I'm not concerned about the monetary value of this cross but rather what it's worth to Mr. Bennett. To him, it's priceless.

We give military aid to the Indonesian government, we give economic aid through international monetary organizations to Indonesia. We should be prepared to pull all of that.

We cannot rule out a tightening of monetary policy in the short run.

We don't see any indication that the Fed would have caused to start talking more tolerantly about monetary policy. And we don't think the bond market has any particular reason to go down to lower yield levels.

To keep cyclical price pressures and any transitory spike in energy prices from permanently disrupting the price environment, the Fed will have to continue shifting monetary policy from its current somewhat accommodative stance to a more neutral one,

What the Fed wants to do is to conduct monetary policy as independently as it can, and the way to do that is not to attract attention. That's why the Fed has so rarely changed interest rates -- raised or lowered them during the fall campaign.

We could argue possibly that we've seen a little bit of stability since we've had the interest rate cut out of the way. Certainly the market is not as convinced over the need for further substantial monetary tightening in the UK.

We are very confident about the long-term outlook for our business, but believe that the immediate impact will be a further weakening in the operating environment and a delay in the economic recovery, ... However, given increased fiscal and monetary stimulus, we anticipate that long-term economic recovery should be more certain and vigorous than previously expected.

This obviously suggests that if they were going to tighten monetary policy and raise rates, it would be in a very gradual fashion.

We should gradually increase imports to reduce the large surplus between U.S.-China and gradually buy less U.S. debt. Holding so much foreign-exchange reserves exerts a great deal of pressure on our monetary policy.

We think that with the risk of surprisingly tight U.S. monetary policy diminishing as the U.S. economy decelerates, and with the peso strong, the scales are tipped to a 50bp east at the January meeting.

We do not understand the links between asset prices, monetary policy, and aggregate demand. We do not understand speculative markets adequately.

Bonds will probably show a gradual decline toward when the central bank will shift monetary policy. The possibility of a policy shift will stay in the minds of investors, preventing them from buying debt.

Even if the Fed skips raising rates at the next meeting, it has to be seen as a symbolic act and not as a change in monetary policy. Stocks would only get a temporary boost.

As the market has largely anticipated an end to the current monetary policy soon, buying of the yen will not last.

As the equity market rebounded ... JGB market players are now shifting their attention to forthcoming macro-economic data to assess if the data will contain any surprises that could affect the Bank of Japan's monetary policy.

At this point, I believe inflation and inflation expectations will be largely contained by competitive market forces and continuing adjustments to the stance of monetary policy,

At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.

Comments on monetary policy and the outlook for consumer prices continued coming out and concern is spreading among investors.

Cooperation with the International Monetary Fund is to be continued along with the pro-European course.

As I have often said, whenever a disaster occurs anywhere in the world, there are relatives grieving in Queens, ... It appears that most of the organizations involved in relief efforts are currently asking for monetary donations.

Ending super-easy monetary policy is a big plus for the equity market because it means economic recovery is going to be sustained, the exit from deflation is for real, and the economy is becoming a more normal economy.

First-quarter inflation won't trigger a near-term rate hike. But the bank's statement on monetary policy in May will reinforce their inclination to raise rates, maybe even harden it up a little.

Fiscal relief may be the ammunition necessary to drive consumption expenditure but with it not being accompanied by aggressive monetary relief, growth in household consumption expenditure is showing signs of consolidation.

The revisions are in the right direction, but there's still some softness in the manufacturing sector which keeps the Fed on watch in terms of interest rates, ... It's sort of an 'in line' number, but not really closing the door to keeping the Fed aggressive with monetary policy.

There's still considerable monetary stimulus in the economy.

There's no real change in the rhetoric. He's talking about risks to economic growth, but within the overall context that monetary policy can respond.

The wording was that monetary policy is still stimulative, which implies further rate hikes down the line. And this morning, when capacity utilization was released, that definitely augured well for another rate hike.

The world economy is entering a global monetary transition that will see incremental monetary policy tightening resulting in reduced global liquidity.

The risk would have been coming out with someone the market doesn't know, or who is a monetary hawk.

The rise in the unemployment rate takes much of the sting away from the robust gain in payrolls from a monetary policy perspective. The big fear ahead of the release of this report was that labor markets were overheating.

The rise in output prices ... will not ruffle the doves unduly when the Monetary Policy Committee meets next month to decide on interest rates.

The same is true of monetary policymakers. They're just a bunch of technicians, cleaning teeth, fixing fillings. You don't spend every day obsessing about what your dentist is up to.

These were deemed by the inspector and the federal agency not to be immediately dangerous. When you have more severe violations, you're going to see increasing monetary penalties.

The strength of domestic demand should continue to be an important driver of monetary policy this year, warranting a degree of caution by the monetary policy committee.

The story still is Japanese monetary policy and unwinding of yen carry trade. We have to look from the yen aspect and move away from a dollar-centric view.

The slump in stock prices and bond yields points to weaker economy ahead. An easier monetary policy will help the economy stay on an even keel as consumers and businesses adjust to a weaker outlook ... We think the FOMC will see the wisdom of acting early.

The tightened monetary policy has squeezed the credit flow to the private sector.

The supply of bonds won't have a large bearing on the yield levels or the structure of the yield curve, ... The influence on interest rates will come more fundamental factors such as inflation expectations, competition for capital and monetary policy.

Sooner or later rates will have to come back up to at least a 'neutral' level. But for now they've got the monetary policy lever just about where they want it, and it makes sense to do as little as possible for as long as possible.

Russia and China, when they were communist-like adversaries, they didn't participate. They're participating now in the world with us. They're trading monetary instruments. We're buying and selling goods back and forth, trading oil and so forth.

Providing quantitative guidance about the meaning of 'long-term price stability' could have several advantages, including further reducing public uncertainty about monetary policy and anchoring long-term inflation expectations even more effectively,

Prices will be generally stable, but beginning in the second half, pressures from the cost side will expand. Monetary policy will be made based on seeking a balance between growth and stability.

People think the withdrawal of monetary accommodation is about to get under way. People can price it in before any possible change (in monetary policy) on a global basis,

Of most concern are some of the uncertainties that will inevitably arise as the result of the move to stage three. Against this background, the council has chosen a distinct monetary policy strategy and one that reflects the circumstances it faces at present.

After the chairman, at least in my opinion, Don has had a greater impact on the Fed's monetary policy process than any other single person, ... He was very close to the chairman, and they discussed issues frequently. He and this chairman were really a team.

The most nervous-making point at the moment is Brazil, ... The international economy rallied around Brazil and hopes very much the Brazilians will be able to fulfill their part of the bargain with the IMF (International Monetary Fund) and keep their economy from going under.

The most important thing is a possible aid package from the International Monetary Fund.

A credible inflation objective could...enhance the flexibility of monetary policy to respond to the real effects of adverse shocks.

Now, McDonald's is a very good indicator of the global economy. If McDonald's doesn't increase its sales, it tells you that the monetary policies have largely failed in the sense that prices are going up more than disposable income, and so people have less purchasing power.

The monetary policy committee is still waiting for evidence on Christmas (retail) sales and wage negotiations. Then it will cushion the decline in the economy in a context of CPI (inflation) moderation.

The Monetary Policy Committee is back facing a familiar dilemma a housing market that is recovering well, with households not afraid to take on more debt, but real economy and inflation numbers which are much softer.

The monetary policy committee cautioned last month that it may not allow growth in credit to go unchecked, inferring that it may be concerned that consumption expenditure could introduce an element of inflation sufficient to attract a monetary tightening response.

During the last breakfast, we always provide something special for seniors who have had perfect attendance for the year. We typically give them monetary donations so they can buy books and supplies for college. Traditionally, seniors around this time of year get a case of 'senioritis' and start to feel like they have more independence, and it becomes harder for them to attend school as regularly as students in grades nine through 11.

Deflation is very entrenched in Japan and even over the longer term the scope for changes in monetary policy is very limited. The yen is likely to head lower.

An inappropriately lax monetary policy would not create better conditions for the emergence of a new economy

Apparently the Fed's new policy of 'transparency' has taken the shock value out of monetary policy.

Any significant weakness in the housing data would be dollar negative suggestive of a slowing economy, thus reducing the amount of monetary tightening required from the Fed.

As far as donating goods, we have nowhere to put them. We have filled every warehouse they are letting me use. What we need now is monetary donations, so when people stop donating goods, we can go out and buy them.

As a result, we are in a tightening phase of monetary policy,

A very weak report, casting doubt on the Monetary Policy Committee's assumption that household spending will grow in line with its long-term average over the next three years and boosting the chances of a rate cut.

Authorities are opting for direct monetary policy instruments instead of allowing faster appreciation of the yuan to achieve the tightening effect. The pace of yuan appreciation will likely be rather moderate in the coming weeks.

That's got to be the biggest monetary shock of the new millennium. They've completely pulled the wool over the market's eyes. The first casualty has got to be their credibility. They've led the market into a blind alley.

Alan Greenspan is not going anywhere for what we expect will be the next four years, which is a strong plus for the economy, Greenspan will be there to advise on fiscal policy and adjust monetary policy based on the administration's policies.

Zone Labs has always been known as the leader in complete Internet security solutions. Yet as hackers get more savvy and the PC becomes a commodity worth monetary value on the black market, consumers must also use care as they surf the 'Net. Armed with the right information, people can defend the integrity of the Internet and defeat those who would exploit it for criminal purposes.

This is the first signal that the central bank is trying to tighten monetary policy.

This is not just a job about monetary policy anymore. Whoever Bush picks will be seen as a great economic spokesperson, period.

This gives the Fed license to continue executing monetary policy. If they see any signs of slow growth in employment, industrial production, or retail sales, they certainly have the green light to make another cut. They have total flexibility to do whatever it takes to prevent a recession.

This does not involve a change in the stance of monetary policy. It is a technical change,

Think of the metrics; eleven Fed actions in the last year, a stimulus package that will come from our leadership in Washington, ... The economy was sputtering prior to the 11th of September. We're now seeing clear leadership on both the fiscal and monetary standpoint. We're getting some good news from corporate earnings. There is a lot to be optimistic about.

A lot of our growth is from destination visitors. The monetary value to the resort is a lot greater with that type of visitor.