- Story Log
User | Time | Action Performed |
---|---|---|
-
ECB's Kazaks: The ECB must quell inflation in one attempt
ECB'S KAZAKS: THE ECB MUST QUELL INFLATION IN ONE ATTEMPT.
— Breaking Market News (@financialjuice) September 25, 2023
-
ECB'S KAZAKS: SEPTEMBER'S HIKE MAY ALLOW AN OCTOBER PAUSE.
— Breaking Market News (@financialjuice) September 25, 2023
- Comments
- Subscribe
-
- Older Stories
High inflation continues to plague European households and businesses, and central banks in the region have yet to declare victory on bringing it to target. But September marked a ...
It is my great pleasure to have the opportunity today to exchange views with a distinguished gathering of business leaders in the Kansai region. I would like to take this chance to express my sincerest gratitude for your cooperation with the activities of the Bank of Japan's branches in Osaka, Kobe, and Kyoto. This is the first time in 20 years, since I was a member of the Bank's Policy Board in 2003, that I have had this kind of chance to meet with those of you in the Kansai business community. I recall that it was very stimulating to exchange views with the business community, and I look forward to hearing your candid opinions today as well. Before hearing from you, I would like to talk about developments in Japan's economic activity and prices and explain the Bank's thinking on the conduct of monetary policy. I. Japan's Economic Activity Current Situation of Economic Activity Let me start by talking about the current situation of economic activity in Japan. Japan's economy has recovered moderately, with the materialization of pent-up demand, i.e., demand that had been suppressed during the pandemic, and a waning of supply-side constraints (Chart 1). In the household sector, private consumption has increased moderately and steadily, as pent-up demand post: BOJ'S GOVERNOR UEDA: OUR BASIC STANCE IS THAT WE MUST PATIENTLY MAINTAIN MONETARY EASING. post: BOJ'S GOVERNOR UEDA: THE CURRENT POLICY FRAMEWORK HAS BIG STIMULATIVE EFFECT ON THE ECONOMY, BUT AT TIMES COULD CAUSE BIG SIDE-EFFECTS. post: BOJ'S GOVERNOR UEDA: OUR BASELINE SCENARIO IS FOR THE KEY DRIVER OF INFLATION TO GRADUALLY SWITCH AND STRENGTHEN THE VIRTUOUS WAGE-INFLATION CYCLE. post: BOJ'S GOVERNOR UEDA: JAPAN'S ECONOMY IS AT CRITICAL STAGE ON WHETHER IT CAN ACHIEVE A POSITIVE WAGE-INFLATION CYCLE.
The European Union’s chief trade negotiator warned China on Monday during his trip to the nation that the bloc will be more forceful in upholding fair competition and defending ...
-
- Newer Stories
post: *ECB’s Villeroy: Growing Confidence in Getting 2% Target by 2025 *ECB’s Villeroy: ECB Should Focus on Persistence, Not Pushing Rates Up *ECB’s Villeroy: There’s Also a Risk of Easing Too Early ECB’s Villeroy: ‘Testing Until It Breaks’ is Not a Sensible Way to Calibrate MonPol
post: BoJ’s Ueda: BoJ Won't Directly Target FX In Guiding Monetary Policy - When Stable, Sustainable Achievement Of 2% Inflation Is Foreseen, We May End YCC
It is “premature” to bet on a cut to interest rates, Francois Villeroy de Galhau, France’s central bank governor, told CNBC, as market players consider whether the European ...
- Story Stats
- Posted: Sep 25, 2023 2:43am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,682