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Stimulus

Japan’s top forex diplomat vigilant to market impact from BOJ stimulus exit

January 24, 2024January 24, 2024
Japan's top forex diplomat vigilant to market impact from boj stimulus exit - photo licensed by shore news network.

By Tetsushi Kajimoto, Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) – Japan’s top currency diplomat Masato Kanda said he was closely watching how central bank …

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Fed to hold rates until at least July; first cut not start of stimulus wave: Reuters poll

December 6, 2023
Fed to hold rates until at least july; first cut not start of stimulus wave: reuters poll - photo licensed by shore news network.

By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hold interest rates until at least July, later than earlier thought, …

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Thai economy in ‘crisis’ and needs major stimulus – PM

November 23, 2023November 22, 2023
Thai economy in 'crisis' and needs major stimulus - pm - photo licensed by shore news network.

BANGKOK (Reuters) – Thai Prime Minister Srettha Thavisin said on Thursday the country’s economy was in “crisis”, stressing the need to forge ahead with his …

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Exclusive-China govt advisers call for steady growth target in 2024, more stimulus

November 21, 2023
Exclusive-china govt advisers call for steady growth target in 2024, more stimulus - photo licensed by shore news network.

By Kevin Yao BEIJING (Reuters) – Chinese government advisers will recommend economic growth targets for next year ranging from 4.5% to 5.5% to an annual …

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Weak yen, inflation overshoot may prod BOJ to phase out stimulus by year-end: ex-BOJ official

November 1, 2023November 1, 2023
Weak yen, inflation overshoot may prod boj to phase out stimulus by year-end: ex-boj official - photo licensed by shore news network.

By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan may prefer to go slow in ending ultra-low interest rates, but the …

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Japan to extend until April 2024 subsidies to curb fuel costs – stimulus package draft

October 23, 2023
Japan to extend until april 2024 subsidies to curb fuel costs - stimulus package draft - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s government will extend until the end of April next year subsidies aimed at curbing fuel prices, according to a draft of …

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China property market shows little signs of revival despite stimulus

October 20, 2023October 20, 2023
China property market shows little signs of revival despite stimulus - photo licensed by shore news network.

By Clare Jim and Liangping Gao HONG KONG/BEIJING (Reuters) – China’s troubled property market is showing little signs of a recovery in the short term …

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Japan’s central bank will keep stimulus for now as risks grow

September 18, 2023
Japan's central bank will keep stimulus for now as risks grow - photo licensed by shore news network.

By Leika Kihara TOKYO (Reuters) – The Bank of Japan will likely keep interest rates ultra-low on Friday and reassure markets that monetary stimulus will …

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German home building permits plunge as industry calls for stimulus

September 18, 2023
German home building permits plunge as industry calls for stimulus - photo licensed by shore news network.

FRANKFURT (Reuters) -Building permits for apartments in Germany fell 31.5% in July from a year earlier, the statistics office disclosed on Monday, highlighting a slump …

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Marketmind: China data disappoints as markets yearn for stimulus

August 15, 2023August 15, 2023
Marketmind: china data disappoints as markets yearn for stimulus - photo licensed by shore news network.

A look at the day ahead in European and global markets from Ankur Banerjee A star-studded line up of economic events in Asia on Tuesday …

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Marketmind: Will China pull the stimulus trigger?

August 13, 2023August 13, 2023
Marketmind: will china pull the stimulus trigger? - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets will get key …

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Marketmind: Beijing stimulus given benefit of the doubt

July 31, 2023
Marketmind: beijing stimulus given benefit of the doubt - photo licensed by shore news network.

(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asian share markets are looking to end July with …

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Hedge funds rush to buy China stocks on economy stimulus prospects – Goldman

July 27, 2023
Hedge funds rush to buy china stocks on economy stimulus prospects - goldman - photo licensed by shore news network.

By Summer Zhen HONG KONG (Reuters) – Global hedge funds snapped up Chinese equities following the politburo meeting this week, buying on Tuesday at their …

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Marketmind: Bland China data leaves market hungry for stimulus

July 17, 2023
Marketmind: bland china data leaves market hungry for stimulus - photo licensed by shore news network.

A look at the day ahead in European and global markets from Wayne Cole It could have been worse, is about the best that can …

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China should shift stimulus to consumption, ease residency curbs -PBOC adviser

July 10, 2023
China should shift stimulus to consumption, ease residency curbs -pboc adviser - photo licensed by shore news network.

BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency curbs to boost migrant workers’ …

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Marketmind: Still seeking decisive stimulus in China

June 20, 2023
Marketmind: still seeking decisive stimulus in china - photo licensed by shore news network.

A look at the day ahead in European and global markets from Sonali Desai Disappointment has been the prevailing sentiment so far this week as …

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Chinese ETFs edge higher on stimulus hopes

June 15, 2023June 15, 2023
Chinese etfs edge higher on stimulus hopes - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Shares of U.S.-listed Chinese exchange traded funds edged higher on Thursday, tracking gains in the Chinese markets …

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China considers broad stimulus with property support, rate cuts -Bloomberg News

June 13, 2023June 13, 2023
China considers broad stimulus with property support, rate cuts -bloomberg news - photo licensed by shore news network.

(Reuters) – China is considering at least a dozen stimulus measures including interest-rate reductions to support areas such as real estate and domestic demand, Bloomberg …

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Oroho, O’Scanlon, Testa & Steinhardt Slam Murphy’s Mismanagement of Federal Stimulus Money

May 17, 2023
Senators O’Scanlon, Oroho, Testa, and Steinhardt slammed Governor Murphy’s mismanagement of federal COVID block grant funding after reports surfaced that the federal government may rescind idle federal stimulus funds.

Ex-MOF Tamaki urges BOJ to alter stimulus while momentum lasts

April 19, 2023
Ex-mof tamaki urges boj to alter stimulus while momentum lasts - photo licensed by shore news network.

By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan (BOJ) should alter its massive monetary stimulus even though it may be …

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IMF says Peru unrest could dent growth, recommends temporary stimulus

February 9, 2023
Imf says peru unrest could dent growth, recommends temporary stimulus - photo licensed by shore news network.

By Brendan O’Boyle (Reuters) – Peru’s economic outlook is “very uncertain,” but strong economic fundamentals could provide a buffer against prevailing risks, the International Monetary …

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Kuroda defends BOJ’s current stimulus as best way to hit inflation target

February 5, 2023
Kuroda defends boj's current stimulus as best way to hit inflation target - photo licensed by shore news network.

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday defended his decade-long stimulus programme, saying there was “no better way” to aim at …

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Ex-BOJ Nakaso sees Japan lagging in exiting stimulus due to weak economy, wages

December 19, 2022
Ex-boj nakaso sees japan lagging in exiting stimulus due to weak economy, wages - photo licensed by shore news network.

TOKYO (Reuters) – The Bank of Japan is continuing large-scale monetary stimulus as the economy has not fully recovered from COVID-induced slump and as wage …

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German finance minister: must talk about fiscal stimulus for 2024 budget

November 22, 2022November 22, 2022
German finance minister: must talk about fiscal stimulus for 2024 budget - photo licensed by shore news network.

BERLIN (Reuters) – The German government needs to talk about fiscal measures for the 2024 budget to stimulate the economy, Finance Minister Christian Lindner said …

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Japan stimulus package to likely to total $170 billion, Kyodo says

October 26, 2022October 26, 2022
Japan stimulus package to likely to total $170 billion, kyodo says - photo licensed by shore news network.

TOKYO (Reuters) – Japan will likely spend 25.1 trillion yen ($170 billion) in its upcoming economic stimulus package, the Kyodo news agency reported on Wednesday. …

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Japan ruling party indicates stimulus to total around $174 billion -Kyodo

October 24, 2022
Japan ruling party indicates stimulus to total around $174 billion -kyodo - photo licensed by shore news network.

TOKYO (Reuters) – Japanese ruling party secretary general Toshimitsu Motegi indicated on Monday that a planned economic spending package aimed at cushioning the blow from …

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Japan govt urges BOJ to be vigilant to market swings – stimulus draft

October 24, 2022October 24, 2022
Japan govt urges boj to be vigilant to market swings - stimulus draft - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s government will urge the central bank to be vigilant to the economic impact of sharp market moves in a scheduled spending …

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Japan’s stimulus plan must exceed $100 billion, says ruling party executive

October 22, 2022
Japan's stimulus plan must exceed $100 billion, says ruling party executive - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s promised economic stimulus must be big enough to exceed the economy’s output gap of about 15 trillion yen ($100 billion), a …

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O’Charley’s Launches ‘Economic Stimulus Package’ For Guests and Families During Current Economic Stress Period

October 22, 2022
O’charley’s launches ‘economic stimulus package’ for guests and families during current economic stress period - photo licensed by shore news network.

Nashville, TN  (-)  O’Charley’s Restaurant + Bar, the American restaurant that is home to Good Food and Good Times with 146 locations across 17 states, …

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Taiwan central bank calls for fiscal stimulus as external demand slows

September 7, 2022
Taiwan central bank calls for fiscal stimulus as external demand slows - photo licensed by shore news network.

TAIPEI (Reuters) -The head of Taiwan’s central bank said on Wednesday that external demand momentum will slow next year and an expansionary fiscal policy should …

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China to use effective investment, not flood-like stimulus, to boost economy: state media

July 29, 2022
China to use effective investment, not flood-like stimulus, to boost economy: state media - photo licensed by shore news network.

BEIJING -China will use effective investment to help the economy recover and will not resort to flood-like stimulus, state media said on Friday, following a …

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Italy preparing stimulus package worth up to $13.3 billion – Treasury official

July 25, 2022
Italy preparing stimulus package worth up to $13. 3 billion - treasury official - photo licensed by shore news network.

ROME – Italy is preparing a new stimulus decree worth up to 13 billion euros ($13.3 billion) to help families and firms deal with a …

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China’s largest policy bank disbursed $27 billion loans for infrastructure stimulus

July 21, 2022
China's largest policy bank disbursed $27 billion loans for infrastructure stimulus - photo licensed by shore news network.

BEIJING – China’s largest policy bank said on Friday that it had disbursed 181.5 billion yuan ($27 billion) in loans for urban development projects in …

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LANDER MAN SENTENCED TO 63 MONTHS’ IMPRISONMENT FOR WIRE FRAUD RELATING TO CARES ACT STIMULUS FUNDING

July 20, 2022
Lander man sentenced to 63 months’ imprisonment for wire fraud relating to cares act stimulus funding - photo licensed by shore news network.

Acting United States Attorney Nicholas Vassallo announced today that PAUL MCCOWN, 33, of Lander, Wyoming, was sentenced on  July 5, 2022, by Chief United States …

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More Than Two Years Imposed On Modesto Woman Who Conspired With Incarcerated Son To Submit 121 Fraudulent Stimulus Check Applications

June 24, 2022
More than two years imposed on modesto woman who conspired with incarcerated son to submit 121 fraudulent stimulus check applications - photo licensed by shore news network.

SAN FRANCISCO – Sheila Denise Dunlap was sentenced today to 27 months in federal prison for engaging in a conspiracy to commit wire fraud and …

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Omaha Woman Sentenced for Role in Forged Stimulus Check Conspiracy

June 17, 2022
Omaha woman sentenced for role in forged stimulus check conspiracy - photo licensed by shore news network.

Acting United States Attorney Steven Russell announced that Jessica A. Lovering, 30, of Omaha, Nebraska, was sentenced today by United States District Judge John M. …

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As ECB pares back stimulus, investors alert for fragmentation risk

May 19, 2022
As ecb pares back stimulus, investors alert for fragmentation risk - photo licensed by shore news network.

By Dhara Ranasinghe LONDON – As the European Central Bank races towards the stimulus exit to tame record-high inflation, angst about whether it can contain …

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Exclusive-Japan Inc turns against central bank’s monetary stimulus, Reuters survey shows

May 18, 2022
Exclusive-japan inc turns against central bank's monetary stimulus, reuters survey shows - photo licensed by shore news network.

By Tetsushi Kajimoto TOKYO – More than 60% of Japanese companies want the central bank to end its policy of massive monetary easing this fiscal …

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BOJ deputy vows to maintain monetary stimulus despite price pressures

May 16, 2022
Boj deputy vows to maintain monetary stimulus despite price pressures - photo licensed by shore news network.

By Tetsushi Kajimoto TOKYO – The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices, corporate profits, jobs and wages, …

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Italy approves 14 billion euros of stimulus measures as growth outlook weakens

May 2, 2022
Italy approves 14 billion euros of stimulus measures as growth outlook weakens - photo licensed by shore news network.

ROME – Italy on Monday approved a new stimulus package worth 14 billion euros ($14.71 billion) to shield firms and families from the economic impact …

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BOJ maintains stimulus, vows to continue unlimited bond buying

April 27, 2022
Boj maintains stimulus, vows to continue unlimited bond buying - photo licensed by shore news network.

TOKYO – The Bank of Japan maintained its massive stimulus on Thursday and pledged to continue buying unlimited amounts of 10-year government bonds to defend …

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Former U.S. Postal Service Employee in Chicago Charged With Stealing Stimulus Checks From the Mail

April 12, 2022
Former u. S. Postal service employee in chicago charged with stealing stimulus checks from the mail - photo licensed by shore news network.

CHICAGO — A former U.S. Postal Service employee in Chicago has been indicted on federal charges for allegedly stealing government stimulus checks from the mail. …

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Utica Man Charged for Trying to Cash Fake Stimulus Checks

April 4, 2022
Utica man charged for trying to cash fake stimulus checks - photo licensed by shore news network.

UTICA, NY – A Utica man has been charged after he tried to cash fraudulent COVID-19 stimulus checks at a local check-cashing business. On March …

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LANDER MAN PLEADS GUILTY TO SEVEN COUNTS OF WIRE FRAUD RELATING TO CARES ACT STIMULUS FUNDING

March 31, 2022
Lander man pleads guilty to seven counts of wire fraud relating to cares act stimulus funding - photo licensed by shore news network.

United States Attorney Bob Murray announced today that PAUL MCCOWN, 33, of Lander, Wyoming pleaded guilty on March 29, 2022, before Chief United States District …

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‘Slap In The Face’: Dems’ Solution To High Gas Prices Is More Stimulus Checks

March 24, 2022
‘slap in the face’: dems’ solution to high gas prices is more stimulus checks - photo licensed by shore news network.

‘Slap In The Face’: Dems’ Solution To High Gas Prices Is More Stimulus Checks Thomas Catenacci on March 24, 2022 A group of House Democrats …

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Japan’s opposition head calls for BOJ governor who can steer stimulus exit

March 17, 2022
Japan's opposition head calls for boj governor who can steer stimulus exit - photo licensed by shore news network.

By Kentaro Sugiyama and Daniel Leussink TOKYO – The Bank of Japan’s next governor must be someone who can steer the central bank toward an …

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Brazil government readies $32 billion of economic stimulus -sources

March 14, 2022
Brazil government readies $32 billion of economic stimulus -sources - photo licensed by shore news network.

By Lisandra Paraguassu and Bernardo Caram BRASILIA – Brazil’s federal government plans to announce on Thursday a program providing some 165 billion reais ($32 billion) …

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Japan senior coalition lawmaker urges economic stimulus

March 12, 2022
Japan senior coalition lawmaker urges economic stimulus - photo licensed by shore news network.

TOKYO – A senior member of Japan’s ruling coalition said on Saturday the government should compile economic stimulus measures to address soaring energy and food …

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Central banks rush to stimulus exit as inflation jumps, wary of Ukraine fallout

March 10, 2022
Central banks rush to stimulus exit as inflation jumps, wary of ukraine fallout - photo licensed by shore news network.

LONDON – The European Central Bank’s announcement on Thursday that it plans to end stimulus in the third quarter of 2022 shows that policymakers across …

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Trio Sentenced To Federal Prison For Conspiracy, Identity Theft, And Various Fraud Charges, Including A Stolen COVID-19 Stimulus Check

March 8, 2022
Trio sentenced to federal prison for conspiracy, identity theft, and various fraud charges, including a stolen covid-19 stimulus check - photo licensed by shore news network.

TALLAHASSEE, FLORIDA – Jason R. Coody, United States Attorney for the Northern District of Florida announced the sentencings of Joe Nicholas Catala, 21, of Port …

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