This time the government has plenty of policy tools with which to stabilise the economy.
If these sources of growth dry up, one of the few remaining policy tools is the dollar.
The government has been fighting inflation with a range of policy tools, including the usual monetary tightening.
Stein is wrong in assuming that the Fed has specific monetary policy tools that can surgically attack bubbles.
However, there are those, I know, who think that tariffs, trade barriers, import restrictions, are very important policy tools.
The Committee discussed the range of policy tools available to promote a stronger economic recovery in a context of price stability.
Governments were keen to liberalise international trade, but were wary of giving up policy tools that might help them prevent another slump.
Still, he says new policy tools are needed to regulate the banks.
In the September meeting, the committee reviewed all their possibly policy tools, and opted to keep QE3 as the final ace up their sleeve.
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The Federal Reserve's third set of policy tools for supporting the functioning of credit markets involves the purchase of longer-term securities for the Fed's portfolio.
Bernanke also mentioned other monetary policy tools available to the Fed.
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Although the federal funds rate is now close to zero, the Federal Reserve retains a number of policy tools that can be deployed against the crisis.
Roach is largely correct in stressing the importance of deleveraging in the current economic funk, and the impotence of standard policy tools in overcoming that.
To address these issues, the Federal Reserve has developed a second set of policy tools, which involve the provision of liquidity directly to borrowers and investors in key credit markets.
The new centre will design and conduct international cooperative research programmes, offer professional training programmes, provide technical assistance, develop effective policy tools and foster networking and cooperation among governments, academia and industry.
Should the U.S. and Europe fall into a recession, which would be unlikely with more monetary stimulus, Mantega said the country had plenty of policy tools it could use to combat a double dip.
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"It is a reminder that time is running out but that the technical means and the policy tools to allow the world to stay below a maximum 2C are still available to governments and societies, " she said.
Other than policies tied to current and expected future values of the overnight interest rate, the Federal Reserve has--and indeed, has been actively using--a range of policy tools to provide direct support to credit markets and thus to the broader economy.
If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability.
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These three sets of policy tools--lending to financial institutions, providing liquidity directly to key credit markets, and buying longer-term securities--have the common feature that each represents a use of the asset side of the Fed's balance sheet, that is, they all involve lending or the purchase of securities.
Central policy management tools have granular controls over who can make changes and enforces and logs those controls.
Members of the Export Promotion Cabinet shall develop a framework for promoting services trade, including the necessary policy and export promotion tools.
WHITEHOUSE: Executive Order 13534 - National Export Initiative
More econometricians, as well as researchers from other fields, are aiming their tools at urban policy.
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Rep. Berman has, after all, traditionally subscribed to the view that economic and political sanctions can be valuable tools of foreign policy.
As Obama seeks to stabilize the region, his administration has been advocating multilateralism and stressing "smart power" diplomacy by using all the tools of foreign policy available.
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He indicated policy-setters still have tools they can use to provide further monetary stimulus, but nevertheless he did not offer details or signal when they might be activated.
Similar schemes, such as the Federal Credit Programme in America, are tools of fiscal policy aimed at realising public-policy goals in an efficient and effective manner by using loans.
Development, testing and deployment of ethically grounded policy and capacity-building tools designed to support national policies, with particular reference to environmental and societal change (including visibility and awareness-raising activities).
UNESCO: Vacancy : Programme Specialist (28/11/2011) SHS 322 - (P4)
In fact, the Fed was established as a result of the Panic of 1907 and the discount mechanism and rate were the only tools of monetary policy given to the Fed in the Federal Reserve Act.
He also defended the company's policy of releasing new services and tools to users before they were finished products.
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