Central Bank Governor Glenn Stevens had been easing monetary policy since late 2011, in an attempt to stoke growth.
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When the central bank began easing monetary policy in 2008, stocks rallied 30%.
That has prompted Beijing to focus more on growth, easing monetary policy and approving a number of investment projects.
Slower core inflation has allowed the Reserve Bank of India to begin easing monetary policy, despite its objection to the fiscal stance.
For example, the People's Bank of China's bank reserve requirements are at a record high at 21%, and with inflation starting to slow in the past few months, Beijing could be more comfortable about easing monetary policy.
The scheme "will support the flow of credit to where it is needed, complementing the MPC's asset purchase programme in easing monetary policy conditions", he said in a letter to Bank of England governor Sir Mervyn King.
That stoked worries that a hope-for monetary easing of monetary policy by the central bank will be delayed.
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Crafty, or sensible, we can say for sure that the change in policy represents a small easing in monetary policy, which will act much like another dose of quantitative easing over the coming months.
The Fed had been easing its monetary policy to counteract the deflationary effects of the subprime crisis.
Specifically, most market bulls want the Fed to embark on another round of quantitative easing of monetary policy nicknamed QE3.
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The Bank of Japan announced a further easing of monetary policy this week.
Weak U.S. jobs data last week suggests the U.S. Federal Reserve will not be easing its monetary policy any time soon.
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Many believe the U.S. central bank will embark on another round of quantitative easing of monetary policy in the near future QE3.
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Speculation among traders and investors about further Fed easing of monetary policy is a mildly bullish development for the precious metals.
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If so, he will bring about further aggressive easing of monetary policy.
Nevertheless, there are reasons to think that the unions, and others clamouring for an easing of monetary policy, might soon be granted their wish.
The government is hoping that these measures, alongwith a gradual easing in monetary policy, will stimulate the economy, which is growing at its weakest pace in a decade.
The minutes of the last FOMC meeting showed members believe that further quantitative easing of monetary policy will be required if the U.S. economy does not show improvement soon.
Many market watchers perceive the EU bailout package and further measures to shore up the U.S. economy will amount to more quantitative easing of monetary policy by central banks.
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Importantly, many market watchers perceive the EU bailout package and further measures to shore up the U.S. economy will amount to more quantitative easing of monetary policy by central banks.
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Many markets, including the precious metals, are still feeling the bullish glow in the aftermath of the U.S. Federal Reserve expanding its balance sheet by announcing another round of quantitative easing of monetary policy nicknamed QE3.
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Still, the recent easing of BOJ monetary policy is a bullish underlying factor for the precious metals markets.
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First, came its rapid easing of conventional monetary policy.
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There will be a lot of news to monitor and digest over the next few days and the prospect of additional quantitative easing and lower monetary policy rates this year could help stall the recent slide in gold prices.
U.S. 10-year Treasury yields have slipped from more than 2% in March to 1.722% Monday morning in New York, as recently weak data on the U.S. jobs market has reduced the likelihood that the Federal Reserve will stop its monetary easing policy anytime soon.
Bernanke declined to talk about the different potential monetary policy easing options in his speech, stating that a more rigorous discussion on policy would be held at the next Federal Open Market Committee meeting at the end of September.
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Food inflation did remain at elevated levels, which could lead to further monetary easing by Chinese policy officials.
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Following the 1985 Plaza Accord, the Bank of Japan launched an aggressive monetary policy easing to boost domestic demand.
Also, gold traders continue to eye the Bank of Japan amid renewed hopes for additional monetary policy easing there.
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The raw commodity sector in general rallied on the news as it hints of further monetary policy easing around the world.
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