March 06, 2024 Semiannual Monetary Policy Report to the Congress Chair Jerome H. Powell Before the Committee on Financial Services, U.S. House of Representatives Chairman McHenry, Ranking Member Waters, and other members of the Committee, I appreciate the opportunity to present the Federal ...
Now, to be fair to the Governor, one can’t blame underlying long-term productivity problems on the Reserve Bank, but equally no one really doubts that those 2024 and 2025 outcomes are mostly on monetary policy: the consequences of the Bank belatedly waking up to its past mistakes, and doi...
Posted in Easy money, Euro, Europe, Monetary Policy, tagged Easy money, ECB, Euro, Europe, European Central Bank, Monetary Policy on March 7, 2024| 6 Comments » If you asked a reasonably competent economics student to explain why there was a surge of inflation in the eurozone in 2022...
In addition, changes in the external environment have created a unique opportunity for China to adjust its monetary policy stance. In September, the US Federal Reserve announced a 50-bp cut to its benchmark interest rate, the first reduction in borrowing costs since March 2020. Wall Street inve...
13-Dec-2024Full story Related news Related content Contact usSINGAPORE (ICIS)–China has pledged to boost domestic consumption and implement a looser monetary policy amid a looming trade war with the US when Donald Trump takes office in 2025. The pledges were...
13-Dec-2024Full story Related news Related content Contact usSINGAPORE (ICIS)–China has pledged to boost domestic consumption and implement a looser monetary policy amid a looming trade war with the US when Donald Trump takes office in 2025. The pledges were made on 12 December aft...
In addition, changes in the external environment have created a unique opportunity for China to adjust its monetary policy stance. In September, the US Federal Reserve announced a 50-bp cut to its benchmark interest rate, the first reduction in borrowing costs since March 2020. Wall Street inve...
27. See, for example, the box "Monetary Policy Rules in the Current Environment" in Board of Governors of the Federal Reserve System (2024),Monetary Policy Report (PDF)(Washington: Board of Governors, March), pp. 41–43; and Federal Reserve Bank of Cleveland (2024), "Simple Monetary Poli...
The Bank of Japan submits to the Diet its Semiannual Report on Currency and Monetary Control every June and December. I am pleased to have this opportunity today to talk about recent economic and financial developments and about the Bank's conduct of monetary policy. I. Economic and Financial...