Global Banking News-January 29, 2018--Moody's cautions Vietnam against further monetary easing
Bank of Korea Governor Lee Ju-yeol said conditions are ripe for the central bank to end its monetary easing
stance, sending a signal that it would start raising its key rate in the near future.
The Eurosystem has been purchasing a wide range of securities through its Asset Purchase Programme, while the Bank of Japan (BOJ) has continued to buy up government bonds and is currently engaged in "quantitative and qualitative monetary easing
with a negative interest rate" (QQE).
The decline occurred despite massive monetary easing
steps and negative interest rates.
TOKYO, Feb 18 (KUNA) -- Japan's central bank decided Wednesday to maintain its current monetary easing
measures and left unchanged its assessment of the country's economy.
The latest monetary easing
by European Central Bank (ECB) has seen the bank pushing deposit rates into the negative zone last week.
The BOJ chief expressed confidence about achieving the central bank's 2 percent inflation target to beat deflation and vowed to keep intact its ultraeasy monetary policy until the desired level can be sustained, referring to the bank's large-scale monetary easing
introduced in April this year.
Economists say further monetary easing
would be required to counteract the negative effects of the tax hike on companies -- the Shinzo Abe government is expected to announce a stimulus package worth $50bn or more.
Summary: International Monetary Fund (IMF) officials say they are watching carefully for signs that massive flows of cash unleashed in world markets by unprecedented monetary easing
might lead to asset bubbles, or to overheating in some emerging markets.
Summary: Mumbai: India's rupee snapped a three-day losing streak on optimism monetary easing
by global .
Group of 20 finance chiefs started a two-day meeting Thursday night in Washington, with Japan seeking to address possible concerns about its bold monetary easing
and the yen's recent steep fall, as well as its potential negative impact on other economies.
1 -- City Index Asia - Stocks in Japan were given a huge boost on Wednesday (January 30th), as its Nikkei share average climbed above the 11,000 points mark for the first time in 33 months, with exporters making gains, along with the real estate sector, as the country prepares for more monetary easing
by the Bank of Japan.