EghtesadOnline: The new monetary policy of the Central Bank of Iran was timely and appropriate during the difficult economic conditions, head of the CBI's department for open market operation said.
EghtesadOnline: The Central Bank of Iran officially started open market operations as part of its monetary policy to curb inflation, control interest rates in the interbank market and manage liquidity.
EghtesadOnline: The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous measures failed to produce the desired results the bank’s governor said.
EghtesadOnline: Leaders of the world’s most powerful central banks defended post-crisis reforms at their annual retreat in Jackson Hole, Wyoming, while discussing the causes and consequences of populist waves that have reshuffled the political order in the U.S. and Europe.
EghtesadOnline: The dollar inched higher against a basket of currencies on Tuesday, with traders focusing on the annual central banking conference in Jackson Hole this week for insights into the outlook for monetary policy.
EghtesadOnline: Euro zone inflation could approach the ECB's target by late 2018 or early 2019 and so far there is no evidence that super-easy monetary policy is leading to asset price bubbles, European Central Bank President Mario Draghi said on Saturday.
EghtesadOnline: The world’s central banks are trying to reignite the global economy with tools that have lost their effectiveness, and fiscal policy is failing to make up the difference, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said.
EghtesadOnline: The Bank of Japan could shift negative interest rates to the primary focus of its monetary policy on Wednesday, heightening market disquiet over what any move away from quantitative easing reveals about the waning firepower of global central banks.
EghtesadOnline: Stock investors next week will focus on the Federal Reserve's monetary policy decision and whether economic growth trends have given the U.S. central bank reason to raise interest rates off of rock-bottom levels.
EghtesadOnline: The U.S. Federal Reserve has two guiding goals when designing monetary policy: maximum employment and stable inflation.