monetary policy – Muhasebe News https://www.muhasebenews.com Muhasebe News Tue, 10 Oct 2017 12:44:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.4 Hearing of the Committee on Economic and Monetary Affairs of the European Parliament! https://www.muhasebenews.com/en/hearing-of-the-committee-on-economic-and-monetary-affairs-of-the-european-parliament/ https://www.muhasebenews.com/en/hearing-of-the-committee-on-economic-and-monetary-affairs-of-the-european-parliament/#respond Tue, 10 Oct 2017 09:00:40 +0000 https://www.muhasebenews.com/?p=17091 The economic upswing is becoming increasingly solid and continues to broaden across sectors and countries.

Real GDP in the euro area has expanded for 16 consecutive quarters, growing by 1.7% year-on-year during the first quarter of 2017. Unemployment has fallen to its lowest level since 2009. Domestic cost pressures, notably from wages, are still insufficient to support a durable and self-sustaining convergence of inflation toward our medium-term objective inflation.

Overall, we remain firmly convinced that an extraordinary amount of monetary policy support, including through our forward guidance, is still necessary for the present level of underutilized resources to be re-absorbed and for inflation to return to and durably stabilize around levels close to 2% within a meaningful medium-term horizon.

Source: Republic of Turkey Ministry of Economy

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]]> https://www.muhasebenews.com/en/hearing-of-the-committee-on-economic-and-monetary-affairs-of-the-european-parliament/feed/ 0 German Business Confidence Climbs to Highest Since July 2011 https://www.muhasebenews.com/en/german-business-confidence-climbs-to-highest-since-july-2011/ https://www.muhasebenews.com/en/german-business-confidence-climbs-to-highest-since-july-2011/#respond Sat, 29 Apr 2017 07:00:26 +0000 https://www.muhasebenews.com/?p=14828 German business sentiment rose to the strongest level in almost six years in a sign that the momentum in Europe’s largest economy is set to continue.

The Munich-based Ifo institute’s business climate index increased to 112.9 in April from a revised 112.4 in March.

“This may strengthen calls for monetary policy normalization from Germany,” Jennifer McKeown, chief European economist at Capital Economics in London, said in a note.

Source: Ministry of Economy

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