BRUSSELS—Belgium began easing most COVID-19 restrictions Monday in the biggest move to relax measures since the pandemic began some two years ago. Gone are the coronavirus passport that allows entry into bars, restaurants, theater, and cinemas as well as capacity limits. Masks will no longer be mandatory except on public transport and in the health…
IMF Backs ECB’s Easy Policy as It Sees Inflation Easing
FRANKFURT—The European Central Bank has been right to maintain its easy money policy as inflation is set to fall after “transient boosts” from supply snags that may extend into next year, the International Monetary Fund said on Thursday. Backing from her former employer was likely to bring some relief to ECB President Christine Lagarde as…
Beijing Pushes Monetary Easing Ahead of US Interest Rate Hike
As the U.S. Federal Reserve (the Fed) quickens its pace of tightening, the Chinese Communist Party (CCP) authorities unleashed a barrage of easing policies this month to stimulate China’s economy, with the two countries’ monetary policies apparently pointed in opposite directions. Some analysts believe that the early release of an easing policy by the People’s…
Adopting Opposite Way, Beijing Pushes Monetary Easing Ahead of US Interest Rate Hike
As the U.S. Federal Reserve (the Fed) quickens its pace of tightening, the Chinese Communist Party (CCP) authorities unleashed a barrage of easing policies this month to stimulate China’s economy, with the two countries’ monetary policies apparently pointed in opposite directions. Some analysts believe that the early release of an easing policy by the People’s…
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