JAKARTA (Reuters) – Indonesia’s inflation is still under control even after a rise in fuel prices, President Joko Widodo said on Tuesday, noting September’s inflation rate of 5.95%. Speaking at…
BEIJING (Reuters) – China will aim to stabilize employment and prices to consolidate the foundations of economic recovery, according to a statement published by the monetary policy department at the…
(Reuters) – The European Central Bank’s priority is to focus on monetary policy normalisation as inflation in the euro zone has been unacceptably high, ECB policymaker Peter Kazimir said on…
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said that policymakers aren’t focusing on monetary easing at the moment as the priority remains on bringing back inflation to…
BEIJING (Reuters) – China has relatively ample room for monetary policy, the deputy governor of the country’s central bank said on Monday in remarks about follow-up policy measures to prop…
BRASILIA (Reuters) – Brazil’s Economy Ministry will improve its forecast for 2022 gross domestic product from the 2% growth seen in July, which is already “dated,” said Rogerio Boueri, head…
LONDON – Bank of England Chief Economist Huw Pill said on Wednesday that central banks are able to take tough decisions on monetary policy, in contrast to governments that are…
BANGKOK – Thailand’s central bank will prevent inflation from rising sharply, but at the same time ensure that any monetary policy adjustments are gradual, Bank of Thailand Governor Sethaput Suthiwartnarueput…
SYDNEY – Australia will launch a review of the Reserve Bank of Australia’s (RBA) inflation target, monetary tools and board structure, Treasurer Jim Chalmers said on Wednesday, amid criticism over…
HANOI – Vietnam will stick to a monetary policy that is “supportive for economic growth” while closely monitoring the inflation situation, the State Bank of Vietnam, the country’s central bank,…
BEIJING – China’s monetary policy has ample room and sufficient tools, including further cutting banks’ reserve requirements, to cope with new challenges amid a shaky economic recovery, a commentary in…
BEIJING – China’s economy is facing downward pressure due to COVID-19 and external shocks, and the central bank will “increase implementation of prudent monetary policy” to support the real economy,…
By David Lawder WASHINGTON -The International Monetary Fund said on Thursday that China needs to add more fiscal and monetary policy support to combat an economic slowdown brought on by…
ZURICH – Global monetary policy is moving into a new phase of higher interest rates to combat resurgent inflation, Swiss National Bank Chairman Thomas Jordan told Bilanz magazine in an…
By Tetsushi Kajimoto TOKYO – More than 60% of Japanese companies want the central bank to end its policy of massive monetary easing this fiscal year due to pain from…
By Jesús Aguado MADRID -The European Central Bank will likely start raising interest rates shortly after ending its bond-buying programme early in the third quarter, with the potential for further…
By Tetsushi Kajimoto TOKYO – The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices, corporate profits, jobs and wages, its deputy governor said on…
By Tetsushi Kajimoto TOKYO -East Asian economic leaders warned on Thursday of risks to the region’s outlook and pledged to remain committed to market stability and sound fiscal policy. Economic…
BRUSSELS – European governments should deal with the economic consequences of the war in Ukraine through fiscal policy, to allow monetary policy to normalise in the face of high inflation,…
By Anthony Esposito MEXICO CITY – Central banks from Brazil to Chile may be forced to dole out more monetary “medicine” than expected as inflation in the region continue to…
By John Revill ZURICH – Switzerland has become more vulnerable to a shock from its inflated property sector, Swiss National Bank Vice Chairman Fritz Zurbruegg said on Tuesday, adding it…
SINGAPORE – Singapore’s finance minister said on Tuesday the city-state’s economy should continue to grow this year, but authorities were ready to deploy more fiscal and monetary policy measures if…
BRASILIA – Brazil’s central bank will wrap up its monetary tightening with rates at 13% this year, according to a weekly survey of private economists on Monday, which showed the…
HARRISBURG- The United States Attorney’s Office for the Middle District of Pennsylvania announced that on February 28, 2022, Christina McConnell, age 43, of Carlisle, Pennsylvania, was sentenced by United States…
By Jonnelle Marte – The conflict unfolding in Ukraine could have an effect on the U.S. economy in the medium term and should be factored in as Federal Reserve policymakers…