The International Monetary Fund has projected that China's economy will grow by 8.1 percent in 2021.
China'scentralbanksuspendedopenmarketoperationsforthe11thworkingdayMonday,citingsufficientliquidityinthebankingsystem.Liquiditywasata"relativelyhighlevel,"which
China'scentralbanksaidonFridaythatitwillmaintainmonetarypolicyandkeepliquidityconditionsstable.ThePeople'sBankofChina(PBOC)listedthreemajortasks,namelyservingth
USFederalReserveChairJanetYellensaidonTuesdaythatit'sappropriateforthecentralbanktocontinuegraduallytightenitsmonetarypolicyinviewoftheuncertaintiesaroundinflat
USFederalReserveChairJanetYellensaidonTuesdaythatit'sappropriateforthecentralbanktocontinuegraduallytightenitsmonetarypolicyinviewoftheuncertaintiesaroundinflat
ThechiefofSouthKorea'scentralbankvowedTuesdaytotake"appropriate"stepsamidsignsthatmajoreconomiescouldchangetheirmonetarypoliciesgoingforward.Lastmonth,theU.S.Fe
German Finance Minister Wolfgang Schaeuble said on Tuesday the European Central Bank needed to exit its current monetary policy "in a timely manner", warning that very low interest rates had caused problems in some parts of the world.
GermanFinanceMinisterWolfgangSchaeublesaidonTuesdaytheEuropeanCentralBankneededtoexititscurrentmonetarypolicy"inatimelymanner",warningthatverylowinterestratesha
Eurozone economy is expected to grow by about 1.6 percent in 2016, slightly stronger than market expectations, partly thanks to the perseverance of the European Central Bank (ECB) in pumping money into the market through a bond-buying program since January 2015.
China should step up macro controls, keep to a prudent monetary policy and optimize policy to ensure stable liquidity, said a commentary in Financial News, a news outlet under China's central bank.
Addressing the European Parliament, meeting for its plenary session in Strasbourg, European Central Bank (ECB) President Mario Draghi gave a positive outlook on economic recovery in the Euro area, while presenting the ECB's unconventional monetary support policies as principal factors in the change.
International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery.
Representatives of six West African nations are currently meeting in Guinea capital, Conakry, to discuss the possibility of forming a second West African Monetary Zone (ZMAO).
Journalist from the National Business Daily noted that the academic world has in fact started analysis and discussion on “liquidity trap” since last year. But on the official level, it is not the first time that the above statement resounded.
The governor of the Bank of England (BOE) on Thursday afternoon vowed to "relentlessly pursue monetary and financial stability" in the wake of British Brexit vote.
Britain's decision to leave the European Union (Brexit) could have important implications for the country's exchange rate and monetary policies, according to a senior J.P. Morgan economist.
China is exploring the creation of a mechanism that would use a band to guide the country's interest rates, an approach aimed at giving the market a greater say in the financial system, a senior monetary official said on Sunday.