China is seeing a surge in interest because of government efforts to reflate
the economy," he said.
typically uses the annual IMF and World Bank meetings as a bully pulpit to press others on the need to improve economic policy, be it China to revalue its currency or Japan to reflate
Japan's decisive moves to reflate
its economy will support growth in the near term, but it will need to manage the twin challenge of providing near-term stimulus and achieving longer-term sustainability," the draft communique said, although the version circulated by Britain and seen by Reuters was put together before the recent market turmoil.
The foreign exchange market is also likely to feature high on the agenda after the dollar topped 100 yen for the first time in more than four years overnight, as Tokyo's aggressive stimulus efforts to reflate
the Japanese economy continue to depress its currency.
The US economy is on a growth path, Europe is in a mild recession, Japan is determined to reflate
and Chinese GDP is still near eight per cent, with emerging market growth solidly above five per cent.
It means that the BOJ is deathly serious about their plans to reflate
the economy," said Neal Gilbert, market strategist at GFT Forex, in a note to clients.
Those on the left demanded increased social spending to ease suffering and reflate
the sagging economy, while those on the right insisted that only steep cuts and sound monetary policies could create the lasting prosperity that would benefit all.
Bernanke and company are trying to reflate
the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession.
But "to reflate
the economy," he assured us, "the Fed doesn't have to restore business investment; any kind of increase in demand will do.
These countries keep interest rates close to zero in order to reflate
their and the world's economies.
China's growth is expected to slow but experience a soft landing as the authorities move to reflate
early in 2012.
Until last year, policymakers could always produce a new rabbit from their hat to reflate
asset prices and trigger economic recovery.
This suggests another rule during recoveries: asset prices begin to reflate
myself overnight and come out bold and selective.
But I am going to take it at face value, as a genuine desire to reflate
the pound somewhere close to $2 (it's currently at $1.