Tag: monetary policy
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Bank of Korea chief says monetary policy to stay restrictive for now
BANGKOK, Oct 13 : The Bank of Korea will maintain a restrictive monetary policy stance as it seeks to tame persistent price pressures, with headline and core inflation expected to stay above target for “some time”, the central bank’s chief said on Tuesday. “Inflation has really picked up, both from the cost-
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Japan does not need excessively loose monetary policy, economy minister says
TOKYO, Oct 2 : Japan is no longer experiencing deflation so does not need excessively loose monetary policy for the pursuit of a higher inflation rate, Economy Minister Minoru Kiuchi said on Friday.Monetary policy decisions are the jurisdiction of the Bank of Japan, Kiuchi added, declining to comment on wheth
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Bank of Korea deputy chief says monetary policy to be made ‘very carefully’
SEOUL, Aug 21 : The new deputy chief of the Bank of Korea said on Friday that monetary policy decisions would be made ‘very carefully’ and flexibly if needed, taking into account various policy factors including the side effects of rate hikes. “Economic growth and inflation will have to be considered, as well
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