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Policy

Raising Fed’s policy rate to 2.5% by end of 2022 is ‘prudent,’ Daly says

April 20, 2022
Raising fed's policy rate to 2. 5% by end of 2022 is 'prudent,' daly says - photo licensed by shore news network.

(Reuters) – San Francisco Federal Reserve President Mary Daly on Wednesday said she supports getting the U.S. central bank’s benchmark overnight interest rate up to …

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‘Strictest, Most Thorough’: China Pledges To Make Shanghai Suffer Even More Under Its ‘Zero-COVID’ Policy

April 18, 2022
‘strictest, most thorough’: china pledges to make shanghai suffer even more under its ‘zero-covid’ policy - photo licensed by shore news network.

‘Strictest, Most Thorough’: China Pledges To Make Shanghai Suffer Even More Under Its ‘Zero-COVID’ Policy Philip Lenczycki on April 18, 2022 As residents of Shanghai …

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BOK governor nominee flags further policy tightening, but at more sedate pace than Fed

April 18, 2022
Bok governor nominee flags further policy tightening, but at more sedate pace than fed - photo licensed by shore news network.

By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s central bank governor nominee Rhee Chang-yong said on Tuesday the bank will continue to tighten monetary …

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Mitsubishi Motors Announces Industry-Leading New Work-From-Home Policy

April 15, 2022
Mitsubishi motors announces industry-leading new work-from-home policy - photo licensed by shore news network.

“Our new work from home policy comes down to one thing: tremendous trust in our employee team,” said recently appointed MMNA CEO Mark Chaffin. “Over …

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China keeps medium-term policy rate unchanged, but markets expect more easing

April 14, 2022
China keeps medium-term policy rate unchanged, but markets expect more easing - photo licensed by shore news network.

SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling …

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TD CEO Masrani says bank tax is not good policy, warns of ‘unintended consequences’

April 14, 2022
Td ceo masrani says bank tax is not good policy, warns of 'unintended consequences' - photo licensed by shore news network.

By Nichola Saminather TORONTO – Toronto-Dominion Bank’s Chief Executive Bharat Masrani on Thursday criticized the Canadian Liberal government’s planned tax on banks and called for …

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China will step up policy support for the economy – state media

April 8, 2022
China will step up policy support for the economy - state media - photo licensed by shore news network.

BEIJING – China will step up policy measures in timely way to support the economy while studying new stimulus plans, state media on Friday quoted …

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Russia says rouble appreciations poses no threat to fiscal policy

April 7, 2022
Russia says rouble appreciations poses no threat to fiscal policy - photo licensed by shore news network.

(Reuters) – The recent sharp strengthening of the rouble “does not pose a risk to Russia’s fiscal policy,” the finance ministry said on Thursday. The …

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Pakistan central bank hikes policy rate by 250bps to 12.25% in emergency meeting

April 7, 2022
Pakistan central bank hikes policy rate by 250bps to 12. 25% in emergency meeting - photo licensed by shore news network.

By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD -Pakistan’s central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting …

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Fed’s Harker: “methodical” policy tightening designed to avert recession

April 6, 2022
Fed's harker: "methodical" policy tightening designed to avert recession - photo licensed by shore news network.

(Reuters) – The U.S. Federal Reserve aims to tighten monetary policy in a methodical way that keeps the economic expansion intact, Philadelphia Federal Reserve President …

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White House expects an influx of people to border if COVID-era policy is lifted

March 30, 2022
White house expects an influx of people to border if covid-era policy is lifted - photo licensed by shore news network.

WASHINGTON – The White House expects an influx of people to the border if Title 42, which is a COVID-era order that has blocked over …

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Swiss National Bank says monetary policy not way to curb real estate risks

March 29, 2022
Swiss national bank says monetary policy not way to curb real estate risks - photo licensed by shore news network.

By John Revill ZURICH – Switzerland has become more vulnerable to a shock from its inflated property sector, Swiss National Bank Vice Chairman Fritz Zurbruegg …

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BOJ policymakers saw need for easy policy despite rising prices – March meeting summary

March 28, 2022
Boj policymakers saw need for easy policy despite rising prices - march meeting summary - photo licensed by shore news network.

By Leika Kihara TOKYO – Bank of Japan policymakers stressed the need to keep monetary policy ultra-loose, even as some of them saw signs of …

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Bank of Thailand to keep steady policy hand as growth trumps inflation – Reuters poll

March 27, 2022
Bank of thailand to keep steady policy hand as growth trumps inflation - reuters poll - photo licensed by shore news network.

By Md Manzer Hussain BENGALURU – Thailand’s central bank will not raise interest rates from a record low for more than a year in a …

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ECB’s Visco says no need for restrictive policy in Europe

March 23, 2022
Ecb's visco says no need for restrictive policy in europe - photo licensed by shore news network.

By Valentina Za and Francesca Landini MILAN – The European Central Bank can keep its accommodative policy stance if euro zone governments act to offset …

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Singapore can deploy more fiscal, monetary policy measures if needed – Finance Minister

March 22, 2022
Singapore can deploy more fiscal, monetary policy measures if needed - finance minister - photo licensed by shore news network.

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 …

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Biden Administration’s Offshore Oil Leasing Policy Will Crush American Energy Security, Experts Say

March 21, 2022March 19, 2022
Biden administration’s offshore oil leasing policy will crush american energy security, experts say - photo licensed by shore news network.

Biden Administration’s Offshore Oil Leasing Policy Will Crush American Energy Security, Experts Say Thomas Catenacci on March 18, 2022 The Biden administration’s policy on offshore …

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War-driven price surge undermines Orban’s low-cost energy policy

March 18, 2022
War-driven price surge undermines orban's low-cost energy policy - photo licensed by shore news network.

By Gergely Szakacs BUDAPEST – By extending a cap on retail fuel prices days before Russia’s invasion of Ukraine, Hungarian Prime Minister Viktor Orban has …

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BOJ keeps policy steady, warns of uncertainty over Ukraine crisis fallout

March 17, 2022
Boj keeps policy steady, warns of uncertainty over ukraine crisis fallout - photo licensed by shore news network.

TOKYO – The Bank of Japan maintained its massive stimulus on Friday and warned of “very high uncertainty” over the economic fallout from the Ukraine …

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Appeals Court Reinstates Biden Climate Policy, Opening Door For More Regulation

March 17, 2022
Appeals court reinstates biden climate policy, opening door for more regulation - photo licensed by shore news network.

Appeals Court Reinstates Biden Climate Policy, Opening Door For More Regulation Thomas Catenacci on March 17, 2022 A federal appeals panel nixed a lower court …

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Kanye West suspended from Instagram for 24 hours on policy violation

March 17, 2022
Kanye west suspended from instagram for 24 hours on policy violation - photo licensed by shore news network.

By Akriti Sharma and Jahnavi Nidumolu – Kanye West has been suspended from social media network Instagram for 24 hours after the rapper infringed the …

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Putin says keeping Russia in check is West’s long-term policy

March 16, 2022March 16, 2022
Putin says keeping russia in check is west's long-term policy - photo licensed by shore news network.

– President Vladimir Putin said on Wednesday that keeping Russia in check was a long-term policy of the West, and that its economic sanctions against …

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Weak growth, inflation to keep BOJ an outlier with dovish policy tone

March 14, 2022
Weak growth, inflation to keep boj an outlier with dovish policy tone - photo licensed by shore news network.

By Leika Kihara TOKYO – The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from …

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Australia’s central bank still patient on policy despite inflation shock

March 14, 2022
Australia's central bank still patient on policy despite inflation shock - photo licensed by shore news network.

By Wayne Cole SYDNEY – Australia’s central bank remains prepared to be patient on raising interest rates as it waits for wage growth to pick …

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U.S. COVID local aid emerges as key social policy tool as Biden spending plans stall

March 11, 2022
U. S. Covid local aid emerges as key social policy tool as biden spending plans stall - photo licensed by shore news network.

By David Lawder WASHINGTON – Philadelphia is plugging a massive budget hole opened by COVID-19, avoiding layoffs and the closing of swimming pools. St. Louis …

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Biden rejects Republican criticism of his energy policy

March 10, 2022
Biden rejects republican criticism of his energy policy - photo licensed by shore news network.

By Steve Holland and Eric Beech WASHINGTON – President Joe Biden on Thursday rejected Republican accusations that he is holding back production of oil in …

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State Agents ‘Raided’ Preschool And Interviewed 1-Year-Olds About Mask Policy

March 9, 2022
State agents ‘raided’ preschool and interviewed 1-year-olds about mask policy - photo licensed by shore news network.

State Agents ‘Raided’ Preschool And Interviewed 1-Year-Olds About Mask Policy Laurel Duggan on March 9, 2022 California announced its plan to drop the state’s mask …

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U.S. Marshals Service Continues Phase One Implementation of DOJ Body-Worn Camera Rollout, Issues New Interim Policy

March 2, 2022
U. S. Marshals service continues phase one implementation of doj body-worn camera rollout, issues new interim policy - photo licensed by shore news network.

Washington, DC – Today, U.S. Marshals Service (USMS) Director Ronald L. Davis signed the interim policy for the USMS to begin use of body-worn cameras …

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High debt EU countries should start to tighten policy in 2023 – Commission

March 2, 2022
High debt eu countries should start to tighten policy in 2023 - commission - photo licensed by shore news network.

BRUSSELS – European Union countries should move to a neutral fiscal stance next year from a supportive stance in 2022, with high debt countries focusing …

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Attorney General’s New Vehicle Pursuit Policy Handcuffs Police, Bergen Says

March 1, 2022
Attorney general's new vehicle pursuit policy handcuffs police, bergen says - photo licensed by shore news network.

TRENTON, N.J. – New Jersey’s new vehicle pursuit policy prohibiting when a police officer can initiate the pursuit of a suspect is coming under fire today. …

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ECB should hold off on policy moves until Ukraine clarity: Panetta

February 28, 2022
Ecb should hold off on policy moves until ukraine clarity: panetta - photo licensed by shore news network.

FRANKFURT – The European Central Bank should hold off on removing any more stimulus for now as the war in Ukraine raises uncertainty and the …

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Fed’s Mester says situation in Ukraine will be considered for monetary policy

February 24, 2022
Fed's mester says situation in ukraine will be considered for monetary policy - photo licensed by shore news network.

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 …

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Thai fiscal, monetary policy to help ensure full recovery in 2024 -Finance Minister

February 24, 2022February 24, 2022
Thai fiscal, monetary policy to help ensure full recovery in 2024 -finance minister - photo licensed by shore news network.

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 …

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Kazakhstan central bank hikes policy rate amid Ukraine crisis

February 24, 2022February 24, 2022

ALMATY – Kazakhstan’s central bank hiked its policy rate to 13.5% from 10.25% on Thursday as the central Asian nation’s tenge currency sank alongside the …

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UK in most challenging time for monetary policy since 1992: BoE’s Broadbent

February 23, 2022
Uk in most challenging time for monetary policy since 1992: boe's broadbent - photo licensed by shore news network.

LONDON – Britain is in the midst of its most challenging period for monetary policy since it started to target inflation 30 years ago, Bank …

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Florida AG Moody calls for resignation of DHS Secretary Mayorkas over failed border policy, national security crisis

February 22, 2022

TALLAHASSEE, Fla.—Attorney General Ashley Moody is demanding the immediate resignation of U.S. Department of Homeland Security Secretary Alejandro Mayorkas—leading 13 other states in an effort …

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Top U.S. foreign policy officials arrive at White House as Russia-Ukraine crisis simmers

February 21, 2022
Top u. S. Foreign policy officials arrive at white house as russia-ukraine crisis simmers - photo licensed by shore news network.

WASHINGTON – Top U.S. foreign policy officials arrived at the White House on Monday as Russian President Vladimir Putin said he was weighing a request …

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Fed chief Powell to give policy update to Congress in early March

February 18, 2022
Fed chief powell to give policy update to congress in early march - photo licensed by shore news network.

– Federal Reserve chief Jerome Powell will testify before Congress on March 2 and 3 in what are likely to be his final public remarks …

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Fed’s Evans says policy “wrong-footed,” but may not need to be restrictive

February 18, 2022
Fed's evans says policy "wrong-footed," but may not need to be restrictive - photo licensed by shore news network.

By Howard Schneider NEW YORK – Current high inflation requires a “substantial repositioning” of Federal Reserve policy, but not so much that it will restrict …

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IMF backs ECB’s easy policy as it sees inflation easing

February 17, 2022
Imf backs ecb's easy policy as it sees inflation easing - photo licensed by shore news network.

FRANKFURT – The European Central Bank has been right to maintain its easy money policy as inflation is set to fall after “transient boosts” from …

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US biofuel industry defends record as Biden administration mulls policy reform

February 16, 2022
Us biofuel industry defends record as biden administration mulls policy reform - photo licensed by shore news network.

– Backers of the U.S. biofuel industry told lawmakers on Wednesday that the nation’s renewable fuel mandates are good for farmers, national security and the …

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BOJ may suffer losses in event it exits easy policy, says governor Kuroda

February 15, 2022
Boj may suffer losses in event it exits easy policy, says governor kuroda - photo licensed by shore news network.

TOKYO – The Bank of Japan could temporarily suffer losses on its huge asset holdings if it were to end its ultra-loose monetary policy, governor …

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Analysis-U.S. yield curve prices for Fed tightening, shows fears of policy error

February 15, 2022February 15, 2022
Analysis-u. S. Yield curve prices for fed tightening, shows fears of policy error - photo licensed by shore news network.

By Karen Brettell NEW YORK – A dramatic flattening in key parts of the U.S. Treasury yield curve is reflecting worries that the Federal Reserve …

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Philippine central bank to keep steady hand on policy lever until Q4’22 – Reuters poll

February 14, 2022February 14, 2022
Philippine central bank to keep steady hand on policy lever until q4'22 - reuters poll - photo licensed by shore news network.

By Md Manzer Hussain BENGALURU – The Philippine central bank will wait until the end of the year before raising interest rates from a record …

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Federal Court Halts Major Biden ‘Social Cost’ Climate Policy In Victory For Republican States

February 11, 2022

A federal district court in Louisiana halted one of President Joe Biden’s key climate initiatives implemented shortly after he was inaugurated in January 2021. Judge …

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Euro zone inflation doesn’t require significant policy tightening, ECB’s Lane says

February 10, 2022
Euro zone inflation doesn't require significant policy tightening, ecb's lane says - photo licensed by shore news network.

FRANKFURT – Euro zone inflation will return to trend without significant policy tightening by the European Central Bank as pandemic-related bottlenecks in goods as well …

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There he goes again…Phil Murphy is releasing more dangerous inmates under COVID-19 early release policy

February 10, 2022February 10, 2022
There he goes again... Phil murphy is releasing more dangerous inmates under covid-19 early release policy - photo licensed by shore news network.

TRENTON, NJ – Phil Murphy can’t help himself. Even after five people have been murdered as a result of his early inmate release program, he’s …

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After Giving China $1.2 Billion for COVID-19 at home tests, Biden Touts New “Made in America” Policy

February 4, 2022
After giving china $1. 2 billion for covid-19 at home tests, biden touts new "made in america" policy - photo licensed by shore news network.

UPPER MARLBORO, MD – Just weeks after the Biden Administration promised at home COVID-19 testing kits for every American, then buying $1.2 billion worth of …

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Analysis-Central bank balance of power shift raises policy error risk

February 4, 2022
Analysis-central bank balance of power shift raises policy error risk - photo licensed by shore news network.

By Balazs Koranyi and William Schomberg FRANKFURT/LONDON – In just a few short weeks, the balance of power at the world’s top central banks has …

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Fed’s Bullard sees three successive hikes to start policy tightening

February 1, 2022
Fed's bullard sees three successive hikes to start policy tightening - photo licensed by shore news network.

By Ann Saphir and Howard Schneider -St. Louis Federal Reserve President James Bullard on Tuesday said he favors starting the turn to tighter U.S. monetary …

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