Posted in Canada, Inflation, Monetary Policy, tagged Canada, Inflation, Monetary Policy, Trudeau on September 24, 2023| 9 Comments » I gave a speech last year in Sweden to explain that inflation was caused by central banks such as the Federal Reserve, European Central Bank, and Bank of...
Türkiye has been struggling with rising inflation and one of the worst cost-of-living crises of its history. Since June 2023, the central bank has raised its key interest rate from 8.5 percent to 50 percent, tightening monetary policy. The country's annual inflation rate moderated to 51.97 p...
Monetary policy is a key policy field and part of a country’s general economic policy-making. It is aimed at managing the macroeconomic performance in order to promote price stability, economic growth, employment, and/or stable financial conditions. It is usually exercised by a national central ...
In July 2023, the Thai economy continued to recover. Details of the economic conditions are as follows: The number of foreign tourist arrivals, after seasonal adjustment, increased from the previous month in several nationalities, including tourists from Russia, China, Japan, and US. In particular...
It is interesting to ponder what might have happened had the government decided instead to a) liberalise interest rates, and b) remove exchange control but c) to keep on with a fixed exchange rate, at the post July 1984 level. The monetary policy trilemma says that in the world you lose...
4.As of 2023, the BoJ holds over 50% of the total sovereign bonds in circulation on its balance sheet, compared to 30% in 2016. «Ueda strategy»: one eye on financial stability... two on deflation For now, the market response to these monetary policy adjustments has been limited, ...
Archive for the 'monetary policy' Category Hetzel Withholds Credit from Hawtrey for his Monetary Explanation of the Great Depression Published December 13, 2023 Bank of France , gold standard , Great Depression , Gustav Cassel , Irving Fisher , Milton Friedman , Monetarism , monetary policy , ...
For example, in early 2022, the Bank of Canada (BOC) was the first to raise interest rates in March, and the European Central Bank (ECB) followed suit in July. The monetary policy divergence between the respective central banks caused fluctuations in FX exchange ...
policy rate by the end of 2022. Rate hikes continued in smaller 1/4 percentage point steps the following year, adding to 1 additional percentage point increase by July 2023. As the authors note in the paper, the rapid pace of monetary policy tightening was somewhat surprising, especially as...
2023-09-05 09:58:50 · AMCM According to statistics released today (4 September) by the Monetary Authority of Macao, broad money supply continued to grow in July. Meanwhile, resident deposits rose from a month ago whereas loans to residents posted a decline. Money supply Currency in ...