2 Desjardins: Policymakers will generally look through an
#oilpriceshock unless
#inflationexpectations become unanchored, underlying
#inflation reaccelerates or the
#outputgap closes meaningfully. 🧵
#BOC #cdnecon
Lee Chang-yong Says 'Output Gap Remains Negative—Resolution Unlikely Before End of 2026'
Bank of Korea Governor Lee Chang-yong signals prolonged economic slack, stating the output gap will likely remain negative until at least late 2026.
Rhee Chang-yong Says 'Negative Output Gap Supports Continued Accommodative Monetary Policy as Official Stance'
Bank of Korea Governor Rhee Chang-yong reaffirms that a negative output gap underpins the central bank's commitment to maintaining an accommodative monetary policy stance.
RBA Deputy Governor Andrew Hauser emphasized that a sufficiently tight monetary policy is essential to bring inflation back to target, citing limited economic capacity and a positive output gap as key challenges for Australia’s recovery.
#YonhapInfomax #ReserveBankOfAustralia #InflationTarget #MonetaryPolicy #OutputGap #AndrewHauser #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=90029Bank of Korea Governor Rhee Chang-yong signaled that a slowdown in home price gains, not outright declines, would indicate market stability, and said rate cuts are needed if the output gap remains negative, while cautioning that monetary policy alone cannot fully control real estate prices.
#YonhapInfomax #BankOfKorea #RheeChangYong #InterestRates #OutputGap #RealEstateMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=86937
Rhee Chang-yong Says Slowing Home Price Gains Signal 'Stability'—Rate Cuts Needed If Output Gap Turns Negative
Bank of Korea Governor Rhee Chang-yong signaled that a slowdown in home price gains, not outright declines, would indicate market stability, and said rate cuts are needed if the output gap remains negative, while cautioning that monetary policy alone cannot fully control real estate prices.
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