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Many, including economists at Goldman Sachs, are expecting continued easing of monetary policy by the Federal Reserve, starting with a cut at the central bank's March 18 meeting, if not sooner.
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Few analysts expect the Fed to shave its Federal Funds rate, currently at 4.75%, any further this year, although Chairman Greenspan is expected to continue easing monetary policy next year.
Easing or teasing?The Bank of Japan rejected the case for a serious easing of monetary policy.
Economists have scrapped projections for any easing of monetary policy in the rest of 2012.
The Bank of Japan conducted its first bond-buying operations after announcing a radical easing of monetary policy.
Now, unlike in the fall of 2008, they are reluctant to respond to the latest round of stock market declines with a dramatic easing of monetary policy.
Inflation is edging down towards the central bank's target of 5.1%, which ought to allow a long-awaited easing of monetary policy.
Any easing of monetary policy looks improbable as long as 77-year-old Masaru Hayami remains governor of the Bank of Japan.
If central banks hold interest rates unchanged as inflation rises, this would imply lower real rates and hence an easing of monetary policy.
Stocks were mixed on Monday in light trading as investors weighed whether an economic slowdown in China could lead to an easing of monetary policy.
As you know, in response to the further weakening of economic conditions, the Federal Reserve has continued to ease the stance of monetary policy.
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