Related by context. All words. (Click for frequent words.) 56 depressionary 55 Disinflation 54 reflation trade 54 yield curve flattens 54 yield curve steepening 54 reinflating 54 Mr Koukoulas 54 QE quantitative easing 53 curve flattens 53 drift downwards 53 FOREX Dollar slips 53 FOREX Dollar slides 52 lurch downwards 52 USTreasury Bond 52 reflation 52 BoE QE 52 QE3 52 inflationary impulses 51 monetary debasement 51 BoE Posen 51 ccy 51 ZIRP zero 51 ECB Draghi 51 QE 51 ECB hawkishness 51 RMB revaluation 51 MONEY MARKETS Interbank 51 HEMPSTEAD NY MarketWatch 51 uninvestable 50 S.Africa c.bank 50 Reflation 50 commodity supercycle 50 TREASURIES Prices fall 50 ECB Liebscher 50 curve inverts 50 curve inversion 50 quantitive easing 50 curve flattening 50 Expansionary fiscal 50 deflationary 50 Yen Carry 50 QE4 50 tightenings 50 Libors 49 upmoves 49 Cyclically 49 ZIRP 49 multiple equilibria 49 yield curve inverts 49 FOREX Yen edges 49 HIGHLIGHTS BOJ Shirakawa 49 deflationary cycle 49 NYMEX Crude dips 49 CHRIS HART 49 malinvestments 49 overtightening 49 overtighten 49 TREASURIES Bonds slip 49 FOREX Dollar rallies 49 WNS ADS 49 TIPS breakevens 49 Hinsdale Nolte 49 V' shaped recovery 49 METALS Copper dips 49 Dollar pares gains 49 deflationists 49 yield curve inversion 49 BoE Besley 49 monetary aggregates 49 TIP TLT 49 ECB Mersch 48 Hibors 48 disinflationary 48 CRR hikes 48 reflating 48 Dollar steadies 48 CREDIT OUTLOOK 48 PRECIOUS Gold steadies 48 risk premia 48 Daisuke Karakama 48 Libor OIS 48 furth er 48 inflationists 48 FOREX Dollar drops 48 reflated 48 S.Africa cbank 48 Akitsugu Bando senior 48 fluctuating wildly 48 Gahbauer 48 CNY revaluation 48 incipient inflationary pressures 48 Slusiewicz 48 TREASURIES Prices rise 48 Eurocurrency 48 deflationary depression 48 Quantitative Easing QE2 48 PIMCO El Erian 48 reflationary 48 BOE Posen 48 monetary spigots 48 ECB Gonzalez Paramo 48 Brait economist Colen Garrow 48 QE2 quantitative easing 48 Backwardation 48 India cbank 48 interestrates 48 asset reflation 48 GLOBAL MARKETS WEEKAHEAD 48 BOJ Nishimura 48 ECB Nowotny 48 Takahide Nagasaki chief 48 ECB Paramo 48 inflationary 48 inflationary tendencies 47 Ms Deda 47 accomodative monetary policy 47 QE lite 47 FOREX Yen slips 47 SNB Hildebrand 47 relatively inelastic 47 Philippine c.bank 47 Yuan revaluation 47 BoE Sentance 47 interst rates 47 Tetsuya Miura chief 47 USEconomic 47 EURO GOVT Bonds 47 risk-on/risk-off 47 disinflationary pressures 47 exogenous shock 47 implied vol 47 Hirschmueller 47 inelasticity 47 ECB Quaden 47 ECB Constancio 47 ElDesoki 47 yield curve steepen 47 ECB Noyer 47 Dollar tumbles 47 S.Africa rand steady 47 permabears 47 goldilocks economy 47 expansionary monetary policies 47 Fedâ € ™ 47 FOREX Euro rallies 47 exerting upward 47 overinflation 47 USEconomy 47 deflation 47 Zyblock 47 yield curve steepens 47 BOJ Yamaguchi 47 FOREX Yen falls 47 deglobalization 47 greenshoots 47 chief economist Besa 46 BlackRock Doll 46 TREASURIES Yields 46 Suki Cooper precious metals 46 shekel depreciation 46 ECB refi 46 TBond futures 46 METALS Copper rises 46 Eurozone periphery 46 Gyrations 46 Ms Gacis 46 risk aversion eases 46 deflations 46 forex inflows 46 malinvestment 46 Mr Barbetti 46 MoF BoJ 46 Investica 46 Deleveraging 46 futures closeout 46 noninflationary 46 Dollar pares losses 46 Childe Freeman 46 curve steepening trades 46 Vishwas Agarwal 46 Kondratieff Winter 46 reigniting fears 46 USD YEN 46 disinflationary trend 46 Great Unwind 46 di Galoma 46 FOREX Euro edges 46 Kaoru Kondo chief 46 Hiroki Shimazu 46 IMF Lipsky 46 overleverage 46 bubble deflates 46 deflationary downward spiral 46 dovish BoE 46 Komileva 46 equilibrating 46 QE1 46 convexity hedging 46 WEEKEND ECONOMIST 46 nearterm 46 interestrate 46 RRR hikes 46 ECB Kranjec 46 NGDP 46 reinflate 46 Eurozone sovereign 46 drift sideways 46 reflate 46 goldilocks scenario 46 grossly overbought 46 TBonds 46 Rupee eases 46 contractionary monetary policy 46 FSDH Weekly 46 financialisation 46 accommodative monetary stance 46 Commonfund Strauss 46 Gold steadies 46 TSYs 46 trending sideways 46 FOREX Euro slips 46 Mohamad Majzoub 46 curve steepen 46 EONIA 46 WEEKAHEAD Emerging debt 46 Manila c.bank 46 Mr Redican 45 disinflation 45 Quantative Easing 45 mkt awaits 45 FOREX Dollar dips 45 cyclical downswing 45 deflationist 45 Federal Reserveâ 45 thereā 45 Inflationary expectations 45 Ms Polygenis 45 ECB Liikanen 45 dampen inflationary 45 ECONOMIC REPORT Consumer 45 forecastable 45 perma bulls 45 steepener 45 EURO GOVT Bund 45 Quantitative Easing 45 inverted curve 45 Federal Reserveā 45 Peter Schaffrik 45 NYMEX Crude slips 45 solidly anchoring 45 nverstop 45 boj 45 Chotaro Morita 45 Fed Kroszner 45 PRECIOUS Gold steady 45 Hiroaki Muto senior 45 RPT GLOBAL MARKETS Stocks 45 FX OUTLOOK 45 bearish undertone 45 Great Contraction 45 c.banks 45 FOREX Dollar rises 45 theFederal Reserve 45 AUD CAD 45 deflationary doldrums 45 USTreasury Bonds 45 Investica adds 45 SNB intervention 45 THE DAILY CHART 45 Appreciable downside risks 45 Bennenbroek 45 newsflows 45 GBP USD EUR USD 45 goldilocks 45 Quantitative Easing QE 45 Deflationary 45 solidly anchored 45 self equilibrating 45 inflationist 45 FOREX Yen gains 45 Khoon Goh senior 45 sharp pullbacks 45 Mr Hanlan 45 recoupling 45 MONEY MARKETS US 45 Muddle Through Economy 45 Karydakis 45 OIS curve 45 intermarket relationships 45 deflationary trap 45 FOREX Dollar steadies 45 liqudity 45 flatteners 45 IVEY PMI 45 eurodollar 45 PRECIOUS Gold slips 45 tightly correlated 45 curve steepens 45 Jawboning 45 GLOBAL MARKETS Equities 45 Hungary cbank 45 BoJ Shirakawa 45 PRECIOUS Gold climbs 45 Boberski 45 BOJ Shirakawa 45 yield curve inverting 45 TREASURY OUTLOOK 45 curve steepening 45 TREASURIES Bonds dip 45 Considerable uncertainty 45 Benanke 45 renminbi revaluation 45 TREASURIES Longer dated 45 Quantitative easing QE 45 Takehiko Jimbo forex 44 Yetsenga 44 permabulls 44 Leaviss 44 GLOBAL MARKETS Dlr 44 EONIA = 44 easings 44 Mr. Zyblock 44 Solveen 44 tradables 44 FOREX Yen rises 44 Lacker dissented 44 Takafumi Yamawaki senior 44 shekel appreciation 44 Suki Cooper 44 strategist Makoto Yamashita 44 FOREX Euro rises 44 curve flatteners 44 Dr Atchana 44 Briesemann 44 Fed Rosengren 44 ECB Provopoulos 44 c.banker 44 Deflationary pressures 44 #bp #bp [003] 44 Mr de Garis 44 CommSec economist Savanth Sebastian 44 Lacraz 44 Yuji Kameoka senior 44 Astmax Emori 44 eurodollar futures 44 Interfinancial Deposit DI 44 FOREX Dollar edges 44 JESSICA CROSS 44 technically overbought 44 Satoshi Okumoto general 44 deflationary tendencies 44 sterling Libor 44 stimulative monetary policy 44 ECB Issing 44 Still Gerasimowicz 44 pernicious downward spiral 44 hyperinflationary depression 44 Polish cbank 44 CEES BRUGGEMANS 44 Libor fixings 44 volatility 44 Obrinsky 44 Omer Esiner chief 44 ECB Bini Smaghi 44 negative convexity 44 hyper accommodative monetary 44 Barbara Lambrecht 44 Minsky Moment 44 TREASURIES Bonds rise 44 Petra von Kerssenbrock 44 Stephen Malyon currency 44 BoE Blanchflower 44 fiat monetary 44 ECB Bonello 44 reflationary policies 44 Lutz Karpowitz 44 TREASURIES Bond 44 Panizzutti 44 S.Africa rand 44 quantitative easings 44 TREASURIES US 44 President Wolfgang Franz 44 cyclical upswing 44 Rainer Guntermann 44 geopolitical instabilities 44 GURVEY 44 BoJ Fukui 44 inflations 44 Savanth Sebastian 44 Buba Weber 44 flattening yield curve 44 Cyril Beuzit head 44 monetary tightenings 44 Robert Minikin senior 44 BOE Sentance 44 Dr Tsiaplias 44 Macro Man 44 Norihiro Fujito strategist 44 EUR SKK 44 Deflationists 44 Eric Lascelles strategist 44 counter cyclically 44 Eugen Weinberg commodities 44 grossly oversold 44 Geopolitical tension 44 USTBonds 44 INSTANT VIEW BoE 44 inflation outturns 44 Derrick Wulf 44 Tetsuhisa Hayashi chief 44 Masaki Fukui senior 44 USD #-#/bbl [002] 44 #.#/#.# [024] 43 Loonie tumbles 43 LIESMAN 43 Kasikov 43 macroprudential tools 43 Decelerating 43 jaw boning 43 Libor OIS spreads 43 Investec PMI 43 LIBOR OIS spreads 43 Yoshimasa Maruyama senior 43 FOREX Dollar extends 43 SWAPS Spreads 43 Usd Chf 43 Baygun 43 Eliane Tanner 43 deflationary pressures 43 volatilty 43 financialization 43 Bandholz 43 Nominal GDP includes 43 FOREX Dollar climbs 43 Jens Nordvig currency 43 Mr Cavenagh 43 quantitative easing QE2 43 restimulate 43 Minimum Bid Rate 43 libor 43 BoE Gieve 43 dovish FOMC 43 ultra accommodative monetary 43 MONEY MARKETS Euro 43 disequilibria 43 Gold ETF GLD 43 economist Drew Matus 43 COMEX GOLD 43 trendless 43 FED FOCUS Fed 43 Gbp 43 FOREX Euro falls 43 inflationistas 43 re flation 43 ECB Orphanides 43 PRECIOUS Gold rises 43 infl ation 43 POMO 43 JGBs dip 43 Kondratieff winter 43 Mr Halmarick 43 ruble devaluation 43 conjunctural 43 Mr Munckton 43 forint weakening 43 intermarket 43 Aud Jpy 43 Wattret 43 choppy sideways 43 Dollar pares 43 Karsten Junius 43 Mr Rubinsohn 43 Mari Iwashita chief 43 ETF traders 43 MARKET IMPACT 43 slowly Koesterich 43 Great Moderation 43 Meny Grauman economist 43 intra EMU 43 SHANE OLIVER 43 Mike Shedlock 43 Sacha Tihanyi 43 distributional consequences 43 Ben Simpfendorfer Hong Kong 43 Ramya Suryanarayanan 43 massively overvalued 43 Dr Ironmonger 43 renminbi appreciation 43 mediumterm 43 USDollar 43 theeconomy 43 BoJ MoF 43 Gilt yields 43 contractionary monetary 43 MACD oscillator 43 Steve Malyon 43 FOMC Minutes 43 NAR Yun 43 Mr Shipside 43 Inadome 43 NAIRU 43 BOJ Kamezaki 43 gilt issuance 43 Mokrzan 43 Ms Kevans 43 currency debasement 43 Thierry Lacraz strategist 43 SIMON TENNENT 43 EMERGING MARKETS Stocks 43 Fed Pianalto 43 Karvalits 43 Ellen Zentner senior 43 headfake 43 Commonwealth Thurtell 43 RPT FOREX Dollar 43 Phil Streible senior 43 counterparty defaults 43 TREASURIES Prices slip 43 Usd Cad 43 1Y NDF 43 macroeconomically 43 LEAP/E# 43 Currencies Dollar 43 expansionary stance 43 Yingxi Yu analyst 43 corrective pullbacks 43 QE3 QE4 43 NZD AUD 43 rate sensitives 43 stoke inflationary 43 automatic stabilizer 43 Thai c.bank 43 Slackening demand 43 MONEY MARKETS Libor 43 gyrate wildly 43 gradual ebbing 43 Kazuya Ito fund 43 enthusiasm wanes 43 EUR USD GBP USD 43 Golar Commodities 43 BoE Inflation 43 stagflationary 43 Mr Gahbauer 43 RRR hike 43 liquidity sloshing 43 NYSE LIFFE Gilt 43 Mr Bagrie 43 Loonie rises 43 Kristjan Kasikov currency 43 HUI upleg 43 Suki Cooper analyst 43 PETER MAJOR Well 43 EURO GOVT Bunds 43 FOREX Dollar tumbles 43 Summary Box Commodities 43 Dana Saporta economist 43 2H FY# 43 Shinji Ebihara quantitative 43 Koji Shimamoto chief 43 Benign inflation 43 Mr. Hatzius 43 BOJ FOCUS 43 inflation 43 Schoefisch 43 Bernd Weidensteiner 43 VIX ETNs 43 Kotilaine 43 Koesterich 43 #bps hike 42 verik 42 Henrik Gullberg currency 42 METALS Copper falls 42 risk aversion abates 42 dampen inflationary pressures 42 barely budges 42 Lambregts 42 Intraday EUR JPY 42 commodity prices 42 Rupee weakens 42 Mamoru Yamazaki chief 42 TREASURIES Long 42 cenbanks 42 Yasuhiro Onakado chief 42 inflationary expectations 42 Tachibana Hirano 42 CRR repo rate 42 liquidly 42 non tradables 42 releveraging 42 Alexander Zumpfe trader 42 Masafumi Yamamoto currency 42 deflators 42 TGR Are 42 mispricings 42 EURUSD GBPUSD 42 DEFLATION 42 NYMEX Crude ends 42 Osakovsky 42 Debt Supercycle 42 downard 42 Eur Gbp 42 Mr. Cieszynski 42 Wrzesniok Rossbach 42 Jalinoos 42 Kasumovich 42 Singdollar 42 Derek Halpenny currency 42 STEVE LIESMAN 42 FOREX Euro dips 42 Dannesboe 42 Friedmanite 42 Prof Roubini 42 G7 MEETING Ministers 42 FOREX Dollar falls 42 euroland 42 SGD MYR 42 Keynesian stimulus 42 Trevor Dinmore currency 42 Yingxi Yu precious metals 42 Kenro Kawano 42 ABX indices 42 Summary Box Metals 42 GBPEUR 42 Polleit 42 chf 42 TED Spread 42 Nadler Nuggets 42 intertemporal 42 FOREX Dollar pares 42 contractionary 42 Akira Takei fund 42 equilibrate 42 steepening yield 42 TheLFB Trade Team 42 Bernd Wuebben senior 42 incipient recovery 42 index swaps OIS 42 MARKET WATCH Energy 42 GLD ETF 42 USTs 42 Takafumi Yamawaki fixed 42 Marc Ostwald strategist 42 ANZ Pervan 42 Bob Prechter 42 STEPHEN KOUKOULAS 42 Pikora 42 Patrik Schowitz 42 PRECIOUS Gold edges 42 monetarists 42 RUDI VAN DER MERWE 42 Juichi Wako strategist 42 Hyperinflation 42 STOCKS Futures slip 42 procyclical 42 macroprudential supervision 42 ECB Wellink 42 LAF corridor 42 Satoru Ogasawara 42 Talf 42 cur rency 42 Icelandic króna 42 FOREX Euro slides 42 GBP AUD 42 steeper yield curve 42 usdjpy 42 artificially suppressed 42 Eur Usd #.# 42 infla tion 42 ARM resets 42 notoriously cyclical 42 speculative excesses 42 BoE policymakers 42 Hanao 42 Jon Nadler precious metals 42 JACQUES DU TOIT 42 FOREX Dollar recovers 42 Czech cbanker 42 Gov. Susan Bies 42 SNB Roth 42 weā 42 runups 42 steepening bias 42 FederalReserve 42 overbought oscillators 42 Deflating 42 METALS Copper slips 42 Kota Kimura assistant 42 agflation 42 steepeners 42 Fluffy Fox 42 Monica Ambrosi 42 speculative froth 42 Tatsuo Ichikawa 42 GBP CHF 42 FXNEWS 42 OFZ curve 42 Perez Santalla 42 Rainer Sartoris 42 USD CNY 42 simulative 42 Excess volatility 42 monetary policy 42 erosive effects 42 Shipside 42 ECB Papademos 42 Masahide Tanaka senior 42 backwardated 42 ECB Trichet 42 ANDILE MAZWAI 42 Mr Darvall 42 quantitative easing QE 42 hryvnia devaluation 42 hyperinflationary 42 dong devaluation 42 disinflationary forces 42 FOREX Dollar surges 42 commodities supercycle 42 Directionally 42 CLOSING QUOTE 42 exceptionally stimulative 42 stimulatory effects 42 Mr Boulger 42 Mean reversion 42 steep yield curve 42 PRECIOUS Gold drops 42 exerting downward 42 EURCHF 42 macroprudential regulation 42 Quantitative easing refers 42 drifting downwards 42 stoking inflationary pressures 42 Masaru Hamasaki 42 Ample liquidity 42 CENTRAL BANKS 42 trended downwards 42 Scott Scrase trader 42 US#Y 42 Ulrich Leuchtmann currency 42 Implied volatilities 42 METALS Copper ends 42 Christoph Weil economist 42 refi boom 42 setter Tim Besley 42 Divyang Shah 42 arbitraged 42 STOCKS NEWS ASIA 42 postcrisis 42 quantitative easing 42 Irelandâ 42 MAX KING 42 Downside risks 42 GBPNZD 42 LTCM debacle 42 factories humming 42 Hungary Simor 42 inflexibly attached 42 TREASURIES Bonds climb 42 gloomsters 42 Norway c.bank 42 precrisis 42 Governor Bollard 42 speculative longs 42 binding constraint 42 Quantitative easing 42 Daisuke Uno 42 CRAIG JAMES 42 bond vigilantes 42 flation 42 Richard Iley 41 USD #/bbl [002] 41 ECB BoE 41 Takehiro Sato chief 41 Bernank 41 Summary Box Copper 41 Euro steadies 41 mildly restrictive 41 Bearishness 41 Anais Faraj strategist 41 FED FOCUS 41 Eric Lascelles 41 Authers 41 unpegging 41 Raghav Subbarao currency 41 PRECIOUS Gold eases 41 yield differentials 41 Shimamine 41 undesirably 41 treasurys 41 unsterilized intervention 41 Hideaki Inoue forex 41 yuan NDFs 41 USTreasurys 41 Moec 41 guaranteeing interbank lending 41 eurusd 41 Hiroshi Imaizumi senior 41 Slippage 41 fiat currency 41 Cazzulani 41 BoE MPC voted 41 Eurozone peripheral 41 gradual monetary tightening 41 depreciating greenback 41 Renminbi appreciation 41 Eurogroup Juncker 41 countertrend rally 41 macroeconomic variables 41 EMERGING MARKETS Latam 41 Shahab Jalinoos currency 41 Czech c.banker 41 Benedikt Germanier currency 41 Ulrich Leuchtmann 41 Crisil Joshi 41 dxy 41 FII outflows 41 Yuihama 41 tradeables 41 misaligning 41 reinflated 41 SLV ETF 41 Volatility Percentile 41 Stagflation 41 unhedged exposures 41 Ioannis Sokos 41 #-#/barrel 41 Lindsey Piegza 41 LONG TERM TREND 41 depeg 41 Premarket Dow 41 RBNZ Bollard 41 MARKET WATCH Crude 41 Mr Mozina 41 AMM Copper 41 contra cyclical 41 weak dlr 41 economist Stephen Toplis 41 gloom deepens 41 overvaluations 41 DeQuadros 41 Eurozone HICP 41 downward correction 41 Menashy 41 Daniel Briesemann 41 Mr Leppinus 41 tradeables sector 41 GLOBAL MARKETS Yen 41 non tradeables 41 graph illustrates 41 Gbp Usd 41 interest rates 41 Masatoshi Sato strategist 41 mean reversion 41 crossheld shares 41 JGB futures dip 41 accommodative monetary policies 41 mortgagebacked securities 41 oversupplying 41 dip recession 41 Rupee trims 41 EMs 41 risker assets 41 delevering 41 relative illiquidity 41 interbank borrowing 41 analyst Daniel Briesemann 41 prick bubbles 41 CHAIRMAN LAZEAR 41 Anthony Byett 41 SovX 41 booms busts 41 Michael Cartine 41 EURSEK 41 USDs 41 Allan Monks 41 Illiquidity 41 maturity mismatches 41 fxgai 41 Rupee dips 41 S.African rand 41 ALAN OSTER 41 spec longs 41 structural rigidities 41 NICK BOOTH 41 Tchilinguirian 41 Mr McColough 41 Yasukazu Shimizu senior 41 IMF Rato 41 timespreads 41 Nobuo Ibaraki forex 41 CFNAI 41 Yuji Saito currency 41 Ed Lotterman 41 Discount Rate 41 Mr. Calaycay 41 Moyeen Islam 41 Dean Curnutt president 41 Summary Box Wholesale 41 marketâ 41 Charles Diebel head 41 Sentix Investor Confidence 41 Realized Volatility 41 Altavest Hartmann 41 Euro FXE 41 exogenous factors 41 Wensheng Peng 41 PARIS ResourceInvestor.com 41 renmimbi 41 stockbuilding 41 Matthew Zeman 41 USDX 41 implied vols 41 Ms Selvanathan 41 structural imbalances 41 macroprudential measures 41 Summary Box Treasurys 41 minimizing speculative bubbles 41 Eishi Yokoyama 41 Andrey Kryuchenkov analyst 41 dehedging 41 Fed Yellen 41 Janwillem Acket chief 41 downtrending 41 hyperinflated 41 Usd Jpy 41 Ms Beacher 41 Eur Chf 41 JOHN LOOS 41 itā 41 bearishly 41 swissy 41 flatter yield curve 41 reinforcing downward spiral 41 daytrade 41 Tetsuya Ishijima 41 Yasunari Ueno chief 41 Bulent Baygun head 41 Makoto Noji senior 41 Mr Smirk 41 Brayan Lai credit 41 makets 41 THE RUPEE 41 Loouise 41 NOK SEK 41 thatā 41 Junya Tanase forex 41 mortage backed 41 CIBC Shenfeld 41 steepening yield curve 41 Imbalances 41 Fed Lacker 41 Daniel Katzive 41 hedonic adjustments 41 Jon Gencher director 41 WALL STREET Stocks 41 króna 41 Eur Yen 41 currency depreciates 41 USFed 41 deflationary spiral 41 S.Korea c.bank 41 Klaus Baader 41 Annalisa Piazza 41 EuroZone 41 risk aversion 41 INFLATIONARY 41 outlook dims 41 Huang Xiangbin 41 GBPCHF 41 Hyman Minsky 41 PRECIOUS Gold ticks 41 Thanos Papasavvas head 41 Freddie NYSE FRE 41 Irrational exuberance 41 Monetarism 41 Ingrid Sternby 41 decoupling thesis 41 TBTF banks 41 FED 41 Yoshinori Nagano chief 41 reacceleration 41 economist Lorenzo Codogno 41 3mth 41 further conventional easings 41 arbitrages 41 Jon Hilsenrath 40 hedge fund redemptions 40 frothiness 40 misalignments 40 interbank forex 40 COMMODITIES Markets 40 economc 40 dollar depreciates 40 Alliot Marie underlined 40 EM BONDS WRAP 40 Chile cenbank 40 macro prudential instruments 40 linear extrapolation 40 WCoast Products Gasoline 40 Mr Serebriakov