The Monetary Policy Of Japan Essay
On the other hand, the emerging economies are tightening more than cutting- except China, which has been focused on cutting- this reflects the worried about the economic growth around the world, for that reason de IMF is applying cuts to developing and advanced economies be-cause their global growth prognostic is 3,1% for 2015 so to reach that goal they need reduced the monetary flow.
In conclusion, the interest rate outlook has been favorable to recover from the wobbles the economies suffered in August and September, which is an encouraging situation for the economy.
There was a meeting with all the leaders of the euro-zone in the principles of July, after this re-union it was carried out the third Greek bail-out, they euro-zone leaders where going to directed the money to the recapitalization of the banks, because of the Greek´s banks have been using for almost a year and a half all of the deposits they have them and they were worried they will be exit from the euro-zone. This year they have elections,…