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However, the monetary authorities will continue to be required to pay attention to the consequences of their actions with respect to our international balance of payments position and the outflow of gold, as well as with regard to avoiding the creation of excessive liquidity in the economy, which would delay the effectiveness of monetary policy measures in the next expansion phase of the business cycle.
from Brown Corpus
Some Related Sentences
However and monetary
However, to the extent that the monetary authorities, in their effort to ease credit in the next several months, conduct their open market operations in longer-term Government bonds, they will certainly act to accentuate any tendency for long-term interest rates to ease as a result of market forces.
However, Plutarch indicates that many of Pericles ' rivals viewed the transfer to Athens as usurping monetary resources to fund elaborate building projects.
However, due to security and technology-independence policy from European Commission, China was, in effect, dis-invited from Galileo and without a return of its monetary investment, a decision that was reinforced by China ’ s move to build its own global system, called Beidou / Compass.
However there is no obligation on banking institutions to routinely report monetary deposits or transfers above a specified value.
However, Krugman argued that monetary policy could also affect savings behavior, as inflation or credible promises of future inflation ( generating negative real interest rates ) would encourage less savings.
However, Paul Krugman demonstrates that the monetary base expanded significantly from 1922 to 1925, and that this expansion was accompanied by a reduction in commercial paper rates.
However, every colony still used the monetary units of pounds, shillings and pence for bookkeeping while Spanish, German, French and Portuguese money were all standard mediums of exchange as British law prohibited the export of British silver coinage.
However, Cirillo was released for a monetary ransom, rather than the release of imprisoned terrorists.
However, in general, a litigant cannot obtain equitable relief unless there is " no adequate remedy at law "; that is, a court will not grant an injunction unless monetary damages are an insufficient remedy for the injury in question.
However, unlike a free-market economy, the government would wield considerable indirect influence over the economy through fiscal and monetary policies designed to counteract economic downturns and capitalism's tendency toward financial crises and unemployment, along with playing a role in interventions that promote social welfare.
However, there remains a skeptical view about having monetary transactions done over the Internet as it is a fairly public domain where there is easy access.
However when the economy is hit by some unexpected external shock, it may be a good idea to offset the macroeconomic effects of the shock with monetary policy.
However, this long-run " neutrality " of monetary policy does allow for short run fluctuations and the ability of the monetary authority to temporarily decrease unemployment by increasing permanent inflation, and vice versa.
However controlling inflation through the targeting of the growth of the domestic money supply, as proposed in that manifesto, turned out to be more problematic than its authors had envisaged and during his time as Chancellor, Lawson had increasingly been drawn instead to targeting the exchange rate to provide an external monetary anchor.
However, it is important to note that liability in this form did not yet include the idea that the debtor " owed " monetary compensation to the creditor, it was merely a means of avoiding punishment.
However, despite annual income declared at two million dollars, SPI's sales declined, and while monetary income remained constant, increasing inflation eroded the company's profits.
However, the Federal Reserve continued with restrictive monetary policy, limiting economic growth in the late 1980s.
However, unlike many other central banks such as Federal Reserve System or Bank of England, MAS does not regulate the monetary system via interest rates to influence the liquidity in the system.
However, given that these policies do not address the more fundamental issues inherent in fractional reserve banking, many suggest that only more radical monetary reform can promote positive economic or social change.
However, from a monetary perspective, currency confiscations have the effect of reducing the available cash in the economy, and thereby slowing the rate of inflation.
However, the statute permits some monetary relief where bad faith, reckless disregard or the willful violation of a court order are involved.
However and authorities
However, since it is capable of being greatly altered and even discharged by heat, the color was believed by some authorities to be from an organic source.
However, the role of Western bishops as civil authorities, often called prince bishops, continued throughout much of the Middle Ages.
However, U. S. authorities denounced their act, assuring the French that they did not intend to assert American sovereignty over Clipperton.
However, most authorities consider Sagittarius to be the civilized Chiron, while Centaurus represents a more uncouth member of the species.
However, the referendum was again marred by reports of vote rigging on the part of the French authorities, with some 10, 000 Somalis deported under the pretext that they did not have valid identity cards.
However, over the last hundred years or so, authorities have recognized that the dagger, in its contemporary or mature form, has come to incorporate certain definable characteristics, including a short blade with a sharply-tapered point, a central spine or fuller, and ( usually ) two cutting edges sharpened the full length of the blade, or nearly so.
However, since Han's island is only partly in their jurisdiction, they are unable to conduct any formal investigations-Han will not allow firearms on the island, both to impede assassination attempts and to prevent the international authorities from gaining a justification to launch a raid.
However, the 22 can easily fit into distinct categories of over the two decades, based on the terrorist attacks in which they were, according to American authorities, involved.
However, the fasces, as a widespread and long-established symbol in the West, has avoided the stigma associated with much of fascist symbolism, and many authorities continue to display them, including the federal government of the United States.
However, critics believe municipal authorities have neglected needed maintenance on the city's aging sewerage system, and have speculated that more piping features are likely to develop unless action is taken.
However, Taiwanese authorities can be relatively lenient, one veteran police officer stating anonymously, " Unless someone complains about vandalism, we won't get involved.
However, after the French-German Armistice and the subsequent destruction of the French fleet at Mers-el-Kebir, Algeria by the British Navy in July 1940, the French-Moroccan authorities asked all Gibraltarian evacuees to be removed.
However the Legislative Council had few powers at this time, with government remaining fully in the hands of the colonial authorities.
However, they were captured, returned to the French authorities, and both Ogé and Chavennes were executed in February 1791.
However, in the case of free certificate authorities such as CACert, popular browsers ( e. g. Firefox, Chrome, Internet Explorer ) may not include the trusted root certificates, which may cause untrusted warning messages to be displayed to end users.
However, the Communist authorities in Poland would not permit him to travel to Rome to take part in person.
However as a result of intense pressure from the U. S. authorities, widespread efforts are currently being made to introduce systematic anti-money laundering initiatives on a global scale, to better curb the activities of the financiers of terrorism and those engaged in laundering the profits of drug smuggling.
However the Arizona authorities failed to do this even after they became aware that the LaGrands were German nationals.
However, a report from the French AFP news agency stated that " The Turkish judicial authorities still haven't explained exactly which legal resources he had access to ", and former minister of Justice Hikmet Sami Türk, in government at the time of Ağca's extradition, claimed that, from a legal viewpoint, his liberation was a " serious mistake " at best, and that he should have not been freed before 2012.
However, the contemporary Polish ethnographer Adam Chętnik accused the German authorities of abuses and falsifications during the plebiscite.