On the other hand, excess liquidity had both positive and significant effect on exchange rate. The failure of excess liquidity to have any significant influence on inflation rate could be attributed to the nature of data and possibly the non-inclusion of other vital economics variables in the ...
The Reserve Bank of New Zealand said that monetary policy needed to remain restrictive but opted to cut the interest rate to 5.25 per cent from 5.5 per cent, following central banks in Canada and the UK that have reduced borrowing rates in recent months. Many economists had expected the RBNZ...
Andrew Bailey, governor of the Bank of England, echoed its chief economist saying that, with hindsight, the central bank had contributed to the 11.1 per cent inflation rate by printing money and buying assets during 2021. “Quantitative easing did contribute [to inflation] because that what it’...
This study examines the impacts of the US inflation rate on the bond prices of G7 countries across different maturities using inflation-induced equity market volatility (EMV) to better account for bond price determinants. The regression model, a GED-GARCH (1,1) procedure, is adopted to deal ...