News list for " normalization"

The Bank of Japan will raise interest rates at a very moderate pace until underlying inflation is stable and sustainable at 2%.

Seiji Adachi, a BoJ deliberator, said the BoJ must raise interest rates in stages as it normalises monetary policy. The BoJ will raise interest rates at a very moderate pace and maintain accommodative financial conditions until underlying inflation is stable and sustainable at 2 per cent.

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2024-10-16 02:05:25
National Development and Reform Commission Director Zheng Zhajie chaired a symposium to carry out regular communication with private enterprises

August 23rd news, on the morning of August 23rd, Zheng Zhajie, director of the National Development and Reform Commission, presided over a private entrepreneur symposium, and held exchanges and discussions with the heads of private enterprises such as Dover Group, Sailis Group, Hengtong Group, Transsion Holdings, and Kuaishou Technology. At the same time, optimize service guidance. Together with relevant departments, we will support private enterprises to carry out overseas business in complianc...

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2024-08-23 12:18:48
Former Chicago Federal Reserve President: Aggressive rate cuts may be necessary with just one or two weak jobs reports

Mr. Powell said the labor market is normalizing, wage growth is slowing, job openings remain healthy and the unemployment rate is roughly in line with what policymakers believe is consistent with the central bank's 2 percent inflation target, said Evans, a former Chicago Fed president. If that were all, that would be a good thing. But history is not rosy. That doesn't seem to be the case at the moment, but it may only take one or two weak jobs reports for aggressive rate cuts to combat rising un...

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2024-08-19 14:17:30
Federal Reserve Bostic: Interest rate cuts are coming, I hope to see more data

The Federal Reserve's Bostic said that the U.S. economy is expected to normalize in the coming months; interest rate cuts are coming, and we hope to see more data; recent inflation data has strengthened confidence that inflation will return to 2%; if the economy develops as expected, we will cut interest rates before the end of the year; we are at an inflection point where inflation is close to our target; we do not want the labor market to turn from hot to cold; and a recession is not within hi...

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2024-08-13 18:28:46
Media: Israeli Prime Minister is not seeking to normalize relations with Saudi Arabia for the time being

On August 5, according to Israel's Channel 12, Israeli Prime Minister Benjamin Netanyahu has decided not to seek a potential normalization of relations with Saudi Arabia until the US Presidential Election in November. Netanyahu's decision comes at a time when the political situation in the United States is rapidly changing, considering that it may be more advantageous to wait and see whether Republican presidential candidate Trump is elected. A week ago, an Israeli official told reporters at a b...

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2024-08-04 18:46:30