Übersetzung für "Accommodative policies" in Deutsch

After all, accommodative monetary policies can, at best, merely buy time for more durable sources of demand to emerge.

Drawing false comfort from low inflation, overly accommodative monetary policies have led to massive bubbles in asset and credit markets, resulting in major distortions in real economies.

The abundance of liquidity sloshing around the world – the result of developed countries’ ultra-accommodative monetary policies – has made the task more difficult still, as the smallest sign of growth in an emerging economy can attract foreign capital.

The advanced economies, benefiting from a half-decade of painful private-sector deleveraging (households, banks, and non-financial firms), a smaller fiscal drag (with the exception of Japan), and maintenance of accommodative monetary policies, will grow at an annual pace closer to 1.9%.

If central banks attempt to exit their aggressively accommodative policies without complementary actions to restructure debt or restore demand, growth, and investment, growth will suffer – as will central banks’ credibility, or even their independence.

Apart from the external impulse from global demand, the main factors behind the recovery include accommodative macroeconomic policies, low inflation, supportive financial conditions, widening profit margins, and progress in structural reforms.

Conversely, the positive impact from structural reforms could turn out greater than estimated and the transmission of very accommodative monetary policies to the real economy could prove to be stronger than expected.

This acceleration is supported by a number of factors, including accommodative macro-economic policies and supportive financial conditions partially linked to further disinflation and a return of confidence, that originates from reduced geopolitical tensions and strength in asset markets.

This acceleration is supported by a number of factors, including accommodative macroeconomic policies, supportive financial conditions and a return of confidence.

The recovery benefits from temporary positive factors including low oil prices, a relatively weak euro and accommodative monetary policies.

Private consumption growth remained solid for most of the year , reflecting the continued effects of accommodative macroeconomic policies , a strong rise in residential house prices and a significant improvement in payroll employment .

Fixed income investors have had ample time to prepare for the inevitable end of accommodative monetary policies from the world’s biggest central banks.

Although the recent releases of real GDP growth data for the second quarter of 2012 confirmed a fairly synchronised moderation in global growth momentum, a gradual pick-up in global growth starting in the course of the second half of 2012 is expected, supported by improving financial conditions, in an environment of accommodative monetary policies.

Afflicted by a profound sense of amnesia, central banks have repeated the same mistake they made in the pre-crisis froth of 2003-2007 – over staying excessively accommodative monetary policies.

In addition, lower commodity prices have helped to moderate inflation, boosted consumer purchasing power and enabled the implementation of reforms and accommodative monetary policies, all of which have supported economic growth.

This prideful interpretation amounted to the siren song of an extremely accommodative monetary policy.

Hence, accommodative monetary policy is just one – albeit important – aspect.

The highly accommodative monetary policy stance of the Eurosystem has contributed to the economic upswing.

From the point of view of Bundesbank President Jens Weidmann, there is no need to loosen the accommodative monetary policy any further.

Furthermore, the correspondingly accommodative monetary policy reaction to this crisis plays an important role.

Given the rather subdued inflationary pressure at present, an accommodative monetary policy stance remains appropriate in the euro area.

Economic activity, especially in the euro area, is also being buoyed by what remains a very accommodative monetary policy.

Given subdued inflationary pressure, an accommodative monetary policy stance remains appropriate in the euro area.

The accommodative monetary policy can make fiscal consolidation, as well as reforms, appear less urgent.

Generally speaking, an accommodative monetary policy is appropriate, even if opinions differ on how to implement it.