Arab Today, arab today central banks in europe extend policy announcements
Last Updated : GMT 11:11:32
Arab Today, arab today
Arab Today, arab today

Central banks in Europe extend policy announcements

Arab Today, arab today

Arab Today, arab today Central banks in Europe extend policy announcements

London - UPI

Two central banks in Europe extended their communication styles, adding qualifiers to traditionally sparse monetary policy statements. With both the European Central Bank and the Bank of England qualifying their monetary policy announcements for the first time, it appears, in part, that the more transparent communication style espoused by U.S. Federal Reserve Chairman Ben Bernanke has caught on, The New York Times reported Friday. But communication styles are as far as it goes. Neither the BOE or the ECB suggested pulling away from accommodating monetary policy as Bernanke has done recently, the Times said. The BOE with its new Gov. Mark Carney, said any suspicions the bank would raise interest rates soon were misguided. A long-standing tradition has been for the bank to announce its policy month to month, but make no mention of how long a specific decision would remain intact. In Germany, ECB President Mario Draghi used a phrase the U.S. Federal Reserve has been using for much of the economic downturn, saying interest rates would remain low \"for an extended period of time.\" Draghi later told a press conference that he would not elaborate. \"It\'s not six months. It\'s not 12 months. It\'s an extended period of time,\" Draghi said. The U.S. Fed\'s position had been to use cryptic, murky statements in the past. The difference between an economy making \"modest\" gains as opposed to one making \"moderate\" gains is about as far as the Fed normally goes in making a direct statement. The aim of adding, \"for an extended period of time,\" to was to convince business leaders they could count on interest rates remaining low for a while, which was meant to encourage commitments to long-term projects or product development. The Fed then took it a step further. Careful not to call it a guarantee, the Fed said it would likely not change the federal fund rate until unemployment dropped to at least 6.5 percent. The two banks in Europe shifted the style of their policy statements Thursday, which was a national holiday in the United States.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today central banks in europe extend policy announcements Arab Today, arab today central banks in europe extend policy announcements

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today central banks in europe extend policy announcements Arab Today, arab today central banks in europe extend policy announcements

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Saudi witnessing a remarkable growth

GMT 09:57 2017 Saturday ,23 September

Saudi witnessing a remarkable growth
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today US-made bomb used in fatal strike

GMT 10:16 2017 Saturday ,23 September

US-made bomb used in fatal strike
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 11:29 2017 Thursday ,21 September

Lufthansa chief eyes up to 78

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday