Monetary Policy Report August 20242024-09-10 11:29:34 · Bank of Zambia Download Executive Summary The Monetary Policy Committee, at its August 12-13, 2024 Meeting, decided to maintain the Monetary Policy Rate a
But since the bad policy continued after he took office, that’s not a persuasive strategy. Which is why the White House has decided to engage in victim-blaming. In an article for the New York Times, Nicholas Nehamas, Jim Tankersley and Kellen Browning report on the White House’s blame-...
This Monetary Policy Report (MPR) is made pursuant to Section 29(2) of the Bank of Zambia Act, 2022. This MPR was approved by the Monetary Policy Committee on May 13, 2024 and contains the information available as of May 7, 2024. Composition of the Monetary Policy Committee constituted ...
As a consequence, the message from the FOMC has taken a dovish twist. The statement “we anticipate that ongoing rate increases will be appropriate to quell inflation” has been replaced with “some additional policy firming may be appropriate.” The course of action is no longer pre-set and ...
… As the recession worsened, Volcker faced repeated calls from Congress to loosen monetary policy, but he maintained that failing to bring down long-run inflation expectations now would result in “more serious economic circumstances over a much longer period of time” (Monetary Policy Report 1982...
This section will examine the monetary policies of the Bank of Canada and the Reserve Bank of Australia monetary policy divergence. The Canadian and Australian dollars are considered commodity currencies because both are impacted by commodity prices. Therefore, they may ha...
In this section, we present our empirical results on how the monetary policy affects share pledge lending. We first gauge monetary policy shock in China. After that, we report our baseline regression results. To address potential endogeneity concerns, we exploit the AMB regulation as an exogenous...
China’s central bank reiterated that it will implement a targeted and prudent monetary policy in 2023 and provide support to domestic demand, mapping out forceful financial support as part of the measures to drive an overall turnaround in economic activities this year. ...
The effect of monetary policy on inflation in Ghana Int. J. Finance Bank. Res., 9 (5) (2023), pp. 79-89 Google Scholar [11] P.W. Allor The effect of monetary policy and inflation on the exchange rate: a case study of Ghana J. Econ. Int. Finance, 12 (4) (2020), pp. 151...
Li's remarks find echo in the PBOC's second-quarter monetary policy report, which pledged to improve "cross-cyclical" policy design to achieve a balance between stabilizing growth and preventing risks in the long run. He said furthering capital market reforms and expediting the development of no...