May 20, 2013

monetary policy - News


Federal Reserve Central Bank Promised to Act if U.S. Economic Reovery Efforts Fails

federal reserve central bank

Ben S. Bernanke, Federal Reserve Chairman on Friday said that the central bank is ready to act for the U.S. economic recovery efforts. The assurances he made at the Kansas City Fed’s symposium near Jackson Hole, Wyo., highlights not only the uncertainty of the economy, but also the futility of trusting policymakers to solve all [...]

Bank of Japan’s Stimulus Package Boosts Japanese Stocks in World Markets

Bank Of Japan Yen Pen

Japanese stocks ups the way in world markets Monday after the country’s central bank eased monetary policy again in its latest attempt to shore up the economy. Prime Minister Naoto Kan said Japan is preparing a 920 billion yen ($10.8 billion) stimulus plan to boost employment and help small businesses threatened by the rising yen [...]