References in periodicals archive ?
He said the tight monetary policy in our country has been the main factor for crowding out private sector from low cost credit facility.
Aware of the moderately loose tight monetary policy and rock-bottom level of interest rates, enterprises have stepped up issuance of corporate bonds recently.
The financial markets are now expecting China's central bank to take action and ease its tight monetary policy in order to encourage growth in the face of a dire global macro environment, a move that could boost interest in Chinese stocks.
Market sentiment was also dampened after Chinese Premier Wen Jiabao said at the World Economic Forum in Dalian, China, on Wednesday that his country, the world's second biggest economy, will maintain tight monetary policy to contain inflation and that the global economy will take a long time to recover, they said.
In 2011, countries have put the breaks on, there is tight monetary policy in China, there is tight monetary policy in India - because of high inflation.
According to the conventional views of monetary transmission mechanism, tight monetary policy is associated with a fall in the money supply and output.
I say this while looking back at nearly two years of the operation of a failed tight monetary policy.
I would not support a tight monetary policy in the current environment," Hoenig said in his written remarks.
Lou predicted that the Chinese government will probably not adopt a tight monetary policy until the second half of 2010 and said he assumes there will be two interest rate increases in the second half of 2010.
Finance Minister Palaniappan Chidambaram said 2007/08 growth could be below last year due to financial market turbulence, a possible slowdown in global output, tight monetary policy and high oil prices, but he added, "I am confident it will be close to 9pc.
Two bankers echoed the IMF's verdict on the Central Bank's autonomy, but economist and vocal Central Bank critic Elie Yachoui said the bank's tight monetary policy had been dictated by the government and had stunted the country's growth.
An interest rate of 4% is hardly signaling tight monetary policy.