August 10, 2023
Inflation has made a comeback in Japan, with the CPI surging as high as 4.3% this year, a level unseen for three decades. What should the BOJ do to strike a balance between stimulating economic growth and ensuring price stability?
April 27, 2023
As a highly open economy, Korea is sensitive to unexpected shifts in the U.S. monetary policy stance.
April 18, 2023
During 2022, the Korean won (KRW) exchange rate was highly volatile as the U.S. economy emerged from the pandemic and the U.S. dollar (USD) strengthened following the hawkish policy stance of the U.S. Federal Reserve.
August 10, 2022
Hawkish shifts in the US Federal Reserve’s monetary policy have often led to heightened financial and economic stress in emerging economies.
March 18, 2022
Over the last two years of the COVID-19 pandemic, central banks globally maintained similar policies to help lift growth and steady markets.
November 3, 2020
The COVID-19 pandemic has been casting a shadow over the global economy, pushing policymakers in the ASEAN+3 region to undertake unprecedented monetary policy easing to support the economies.
April 10, 2019
Over the last 20 years, the Bank of Japan (BOJ) has come up with a series of unconventional monetary policy measures to fight against the country’s prolonged deflation. These include the Zero Interest Rate Policy in 1999, the Quantitative Easing (QE) policy in 2001 to increase money supply to financial markets, the Quantitative and Qualitative Monetary Easing (QQE) policy in 2013 that doubled the monetary base, and the Negative Interest Rate Policy (NIRP) in 2016.
