Most BOK board members say monetary policy needs to remain restrictive
SEOUL (Reuters) – Five of the Bank of Korea’s (BOK) six board members think monetary policy needs to stay restrictive for some time to bring inflation down to its 2%…
SEOUL (Reuters) – Five of the Bank of Korea’s (BOK) six board members think monetary policy needs to stay restrictive for some time to bring inflation down to its 2%…
By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank on Monday kept its monetary policy settings unchanged, as expected, in its first review of the year as inflation pressures continued…
By Leika Kihara TOKYO (Reuters) – The Bank of Japan, kicking off its first meeting for 2024 this week, gave the clearest signal yet that an end to its years-long…
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Asian equities attracted their biggest inflows in seven years in 2023, encouraged by major central banks’ deceleration in rate hikes to prioritize…
ISTANBUL (Reuters) – Turkey’s monetary policy will remain tight for a while to ensure that inflation falls and remains anchored at lower levels, Finance Minister Mehmet Simsek said on Thursday.…
SEOUL (Reuters) – Bank of Korea Governor Rhee Chang-yong said on Monday recent market concerns over a financially troubled builder are a “warning sign” over the financial risks of prolonged…
By Tetsushi Kajimoto TOKYO (Reuters) – Japan business lobby Keidanren chief Masakazu Tokura said on Monday the Bank of Japan must normalise monetary policy as early as possible, amid speculation…
By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan (BOJ) will begin to unwind its ultra-loose monetary settings as early as January, more than a fifth of economists in…
(Reuters) – Monetary policy in the United States continues to be appropriate, and interest rates will need to remain at current levels in order to “durably” reduce inflation, the International…
By David Lawder MEXICO CITY (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that bond markets anticipating the Federal Reserve rate moves can be a “helpful complement” to…
(Reuters) – Argentina President-elect Javier Milei said on Friday he had spoken with the director of the International Monetary Fund (IMF), Kristalina Georgieva, regarding plans to adjust the country’s fiscal…
ZURICH (Reuters) – The Swiss National Bank will monitor the development of inflation closely in the coming weeks ahead of its next meeting in December, Chairman Thomas Jordan said on…
SYDNEY (Reuters) – The staff of the International Monetary Fund on Wednesday recommended Australia’s central bank further tighten monetary policy in order to bring inflation back to target and keep…
By Chen Lin SINGAPORE (Reuters) – Singapore is likely to leave monetary policy unchanged this month, as the city-state grapples with a weak economic outlook and persistent price pressures. All…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday that the central bank’s decision to hold steady on rates earlier…
SEOUL (Reuters) – South Korea should maintain current, restrictive monetary and fiscal policies as it needs to take steps to return to sustainable finances and address inflation, the International Monetary…
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country’s central bank, Nandalal Weerasinghe,…
By Kantaro Komiya TOKYO (Reuters) -The Bank of Japan’s Friday decision to make its yield curve control (YCC) more flexible was not deemed a shift in its monetary easing stance,…
By Luana Maria Benedito and Marcela Ayres SAO PAULO (Reuters) – Brazil’s central bank is poised for its first interest rate cut in three years on Wednesday, with most economists…
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan must continue its monetary tightening cycle, the International Monetary Fund (IMF) said in a staff report on Tuesday, a week after the…
BRASILIA/SAO PAULO (Reuters) – Private economists in Brazil anticipate deeper monetary easing this year and improved inflation prospects until 2026 following the government’s decision to maintain the country’s inflation goal…
LISBON (Reuters) – The European Central Bank is close to being able to pause the trajectory of rising interest rates so as not to harm the stagnant euro zone economy,…
BRASILIA (Reuters) – Brazil Treasury secretary Rogerio Ceron on Monday said the sooner monetary easing begins, the sooner conditions will be created for an “adequate” 2024, emphasizing that high interest…
By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) – Japan’s government will pledge to pull the economy out of deflation through bold monetary policy, flexible fiscal policy and a growth…
NEW YORK (Reuters) – New York Fed president John Williams declined on Friday to connect the current monetary policy outlook to new work of his that reconfirms major economies are…