CPI inflation stood at 3.5% in March 2012, down from a peak of 5.2% in September 2011. That fall reflected the effects of earlier increases in energy prices and VAT dropping out of the twelve-month inflation rate. The prospects for inflation are uncertain. The near-term outlook is judged to be somewhat higher than [...]
Today, 7605 documents
in our database
in our database
   |
Posted on May 17th, 2012
Posted on May 15th, 2012
This paper examines the impact of large-scale asset purchases (LSAP) on U.S. asset prices (nominal and inflation-indexed bonds, stocks, and U.S. dollar spot exchange rates) using an event study with intraday data. The surprise component of LSAP announcements is identified from Financial Times articles. Estimation results show that the LSAP news has economically [...] Posted on May 15th, 2012
Contents: EDITORIAL ARTICLES ANNEXES Posted on May 14th, 2012
Prudential instruments are commonly seen as the tools that can be used to deliver the macroprudential policy goals of reducing the frequency and severity of financial crises. And interest rates are traditionally viewed as the means to deliver the macroeconomic stabilisation goals of low, stable inflation and sustainable, stable growth. But, at the [...] Posted on May 14th, 2012
The Bank of Japan sent a comment letter on April 28, 2012 to the Federal Reserve regarding the proposal for the Single-Counterparty Credit Limits issued for public comment. In this letter, the Bank of Japan raises two specific areas of concerns: potential impact on the conduct of monetary policy as well as on [...] 157 pages
|
|
|
|
||