Singapore keeps monetary policy unchanged as inflation slows
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 to moderate…
China has ample room for monetary policy: central bank deputy governor
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 up the…
Brazil’s govt to improve 2022 GDP forecast, says monetary policy won’t devastate economy
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 of Economic…
BoE’s Pill says central banks best placed to control monetary policy
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 driven by…
Thai central bank pledges gradual monetary policy adjustments
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 told a…
Australia to review central bank’s monetary tools, rate forecasts
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 the central…
Vietnam central bank says will stick to monetary policy that supports economic growth
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, said in…
China’s monetary policy has ample room to meet challenges – state media
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 the state-owned…
China to step up implementation of ‘prudent’ monetary policy-central bank chief
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, China’s central…
IMF says China needs more fiscal, monetary support to fight COVID slowdown
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 continued COVID-19…
Swiss National Bank chairman says global monetary policy moving into tightening phase – magazine
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 interview. “It’s…
Exclusive-Japan Inc turns against central bank’s monetary stimulus, Reuters survey shows
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 the weak…
ECB policymakers push for quick monetary policy normalisation
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 hikes in…
BOJ deputy vows to maintain monetary stimulus despite price pressures
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 Tuesday, dismissing…
Asian economic powers warn of risks from war, monetary policy normalisation
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 risks included…
Europe should use fiscal not monetary policy to deal with Ukraine war -IMF
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, the International…
Analysis: Surging Latam inflation spells more ‘monetary medication’ ahead
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 surge, defying…
Swiss National Bank says monetary policy not way to curb real estate risks
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 is not…
Singapore can deploy more fiscal, monetary policy measures if needed – Finance Minister
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 a worsening…
Analysts see Brazil central bank ending monetary tightening at 13% this year
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 second straight…
Carlisle Woman Sentenced For Illegal Monetary Transactions Involving Covid-19 Relief Funds
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 District Court…
Fed’s Mester says situation in Ukraine will be considered for monetary policy
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 remove accommodation,…
Thai fiscal, monetary policy to help ensure full recovery in 2024 -Finance Minister
BANGKOK – Thailand’s fiscal and monetary policy are still operating together to achieve 4% economic growth this year and ensure a full economic recovery, its finance minister said on Thursday. The central…
UK in most challenging time for monetary policy since 1992: BoE’s Broadbent
LONDON – Britain is in the midst of its most challenging period for monetary policy since it started to target inflation 30 years ago, Bank of England Deputy Governor Ben Broadbent said…
Emerging markets “much better” able to weather monetary tightening-Indonesia central bank
JAKARTA – Emerging markets will be able to weather global monetary tightening, including U.S. rate hikes, “much better” this year compared with previous periods of tightening, Indonesia’s central bank Governor Perry Warjiyo…
Former University Professor to Plead Guilty to Wire Fraud and Engaging in an Unlawful Monetary Transaction
United States Attorney Richard G. Frohling announced today that Yue Liu, also known as Troy Liu (age: 41) of Mequon, Wisconsin, had been charged in a two-count information with wire fraud, in…
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