Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 60 results for "Monetary Policy Statement"

Down, down business conditions are down

BENJAMIN ONG  |  WEDNESDAY, 13 DEC 2017
... rate of 1.2% in November from 0.8% in the previous month. This certainly fits with the RBA's December monetary policy statement that, "There are reports that some employers are finding it more difficult to hire workers with the necessary skills". We ...

Transparency to the max

BENJAMIN ONG  |  MONDAY, 25 SEP 2017
... In cases when financial markets misunderstand or misinterpret a central bank officials' speech or a monetary policy statement, another official is quickly dispatched to correct the markets' misinterpretation. For sure, nobody can "forward guide" anybody ...

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
... the ECB kept monetary policy unchanged following last night's meeting, it did mention the euro in its monetary policy statement: "Compared with the June 2017 Eurosystem staff macroeconomic projections, the outlook for headline HICP inflation has been ...

Who's afraid of North Korea? Not the South Koreans

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
... points and hitting a record high 2451.33 points on 24 July this year. The clincher: in its 31 August monetary policy statement - where it kept interest rates unchanged for the 12 straight meeting at a record low 1.25% - the Bank of Korea's (BOK) only ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
... agenda from Trump. While financial markets already know the gist of the 2-3 May FOMC meeting from the monetary policy statement announced at its conclusion, the minutes of that meeting provide nothing but good tidings for America... with or without Trump. ...

No 'Plan B' for Brexit "twist and turns"

BENJAMIN ONG  |  FRIDAY, 12 MAY 2017
... (from 1.7%) in 2019 - the years when the UK and the EU are in the midst of negotiations. As noted in the Monetary Policy Statement, "In the MPC's central forecast, weaker consumption this year is largely balanced by rising net trade and investment. The ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... next couple of years to a little above 3%." All well and good but the details contained in the bank's monetary policy statement released three days later (5 May), showed that Lowe might be understating his optimism. The Statement of Monetary Policy (SoMP) ...

Let me down gently

BENJAMIN ONG  |  TUESDAY, 11 APR 2017
... was led by a 5.9% drop in lending for investment housing - the segment the RBA alluded to in its April monetary policy statement -- "A reduced reliance on interest-only housing loans in the Australian market would also be a positive development." - and ...

Less than expected but good

BENJAMIN ONG  |  THURSDAY, 23 MAR 2017
Japan's latest trade stat indicates that the Bank of Japan's (BOJ) optimism, noted in its March monetary policy statement that, "Exports are expected to follow a moderate increasing trend on the back of an improvement in overseas economies" is perhaps ...

Higher and higher

BENJAMIN ONG  |  WEDNESDAY, 22 MAR 2017
... property prices brought home the Reserve Bank of Australia's current concerns and noted in its March monetary policy statement: "Conditions in the housing market vary considerably around the country. In some markets, conditions are strong and prices ...