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Showing 31 - 40 of 369 results for "taper"

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... purchases under the government bond purchase program in September." July is the month when the RBA decides to maintain QE or taper QE or increase QE. RBA governor Philip Lowe's statement gives us a wink and a nod: "Despite the strong recovery in ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
Just when we thought Federal Reserve chair Jerome Powell has tapered sooner-than-later taper expectations, along comes Robert Steven Kaplan -- president and chief executive of the Federal Reserve Bank of Dallas. While the US Federal Reserve was waxing ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
"It's not time to make a change Just relax, take it easy..." - Cat Stevens This is the US Federal Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations ...

Adviser numbers at five-year low

KARREN VERGARA  |  FRIDAY, 23 APR 2021
The financial adviser population has reverted to the pre-financial services Royal Commission days, ending at 20,667 in the first quarter of 2021. Rainmaker analysis of ASIC's Financial Adviser Register found that the total number of financial advisers ...

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
... growth - so much so that the Bank of Canada (BOC) even made headlines as it became the first central bank in the world to taper - the surge in vaccinations in Europe while at the same time ignoring the resurgence and spikes in infections in India, Japan ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... preferring to wait for days better than the optimistic ones they anticipate. Not the Bank of Canada (BOC). It decided to taper QE at the conclusion of its April 21 meeting, to wit: "The Bank of Canada today held its target for the overnight rate at the ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... currently at their highest levels since 2013, sending US bond yields higher. Then again, the Fed was able to contain the taper tantrum of 2013 by keeping to its promise to keep interest rates low - it kept the fed funds rate unchanged at 0.25% for another ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
Ho-hum. So much for speculations over the Fed's thoughts and actions, Powell and Co. did what financial markets expected - nothing - at their 16-17 March FOMC meeting. "The Committee decided to keep the target range for the federal funds rate at ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... happened once before (when I came to your door) - sorry I can't get those Beatles out of my head - when reflation, rotation and taper talks emerged way back in 2013. But you, I and Irene know what happened thereafter Virginia. The Fed didn't push through ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... not out of the woods yet and therefore, worrywarts need not be concerned over rising inflation - that would prompt the Fed taper policy accommodation. "Participants observed that the economy was far from achieving the committee's broad-based and ...