| 词汇 | low-inflation |
| 释义 | low-inflation adjective[ before noun ] ukus ECONOMICS used to describe a period of time when prices are rising slowly: Both banks and bonds love a steady-growth, low-inflation economy. Examples of low-inflationlow-inflation Note that in this case the unique solution is the same as the low-inflation steady state of the standard model. Under adaptive learning, the economy is driven to the low-inflation steady state at which the target revenues are attained. After that, it seems the inflation path appears to be characterized by the stability properties of the low-inflation stationary equilibrium. The costs imposed by this episode of higher inflationary expectations induce the monetary authority to adhere to the low-inflation policy. However, with a sufficiently tight fiscal constraint, the low-inflation steady state is globally stable. The first outcome was convergence to the low-inflation stationary equilibrium. Alternatively, we may also reason that the absence of clear-cut relation between inflation and growth can be attributed to equilibrium indeterminacy emerged in the low-inflation economies. In the low-inflation environment since, central banks have, in the eyes of many monetary economists, changed from a source of (often) politically induced inflation to maximizers of social welfare. The principal one is to achieve a healthy, low-inflation economy which grows solidly and consistently. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Above all, some see it as achieving price stability—not only a single currency zone, but a low-inflation zone. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 We have, in fact, a fast-growing, low-inflation economy with a competitive currency. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Moreover, there are dangers in making a mechanical change without having established a low-inflation credential and record. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 In my judgment, that can come only from a low-inflation economy, lower taxes and lower interest rates. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 All this has a particular importance for monetary policy, for stage 1 will create powerful pressures on member states to adopt low-inflation policies. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 The prospects for continuing steady low-inflation growth have rarely looked better. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 See all examples of low-inflation These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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