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TOKYO (Reuters) - Finance Minister Taro Aso said on Tuesday that monetary easing alone is not enough to end deflation and push up prices. "The deflationary mindset that has beset Japan for such a long time won't change suddenly. But we've seen some changes in the past two years, which is significant," Aso told parliament.

RAMALLAH, February 22, 2015 (WAFA) - The West Bank overall economy has witnessed a decline in aggregate demand for the second consecutive month, mainly due to partial payment of public sector salaries, due to Israel's withholding of clearance revenues, according to the Palestine Monetary Authority (PMA).

Here is another point of view to the possible outcomes of government interventions to inflation. In US' case it is Federal Reserve Bank who is the decision mechanism that determines the monetary policies.

Trade protectionism could hurt global growth and undermine economic reforms in developing countries, the world's top three economic organisations have warned. The warning came in a letter signed by the leaders of the World Bank, International Monetary Fund (IMF) and World Trade Organisation (WTO) and sent to leaders of the world's major industrial nations, who were meeting in Paris.