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Showing 71 - 80 of 648 results for "ECB"

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
The European Central Bank's (ECB) October 25 Governing Council meeting concluded with a decision that markets widely expected. The ECB left interest rates unchanged - the benchmark refinancing rate at 0%, the marginal lending facility rate at 0.25% ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
Yesterday's European Central Bank's (ECB) Governing Council meeting would have been a big ho-hum were it not for some minor, albeit significant, tweaks in the bank's outlook. As expected, the ECB left interest rates unchanged - the benchmark ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... markets continue to feel the heat from Turkey's roasting and so do several European countries. The European Central Bank (ECB) can only count its blessings that Turkey is not Greece. It has applied, but Turkey is not (yet) a member of the single-currency ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
Nobody expected action from the European Central Bank's (ECB) July 26 meeting. The Bank did not disappoint. It kept its benchmark repo rate at 0% - so were the rates on its deposit facility (-0.4%) and marginal lending facility (0.25%) - and repeated ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... it's because of widening interest rate premiums (in the case against the US) and narrowing interest rates differentials - the ECB, BOJ and BOE are expected to normalise interest rates while the RBA continues to sit on current interest rate settings ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... Japan's also taking a hit. Bank of Japan (BOJ) Governor Haruhiko Kuroda already expressed his concerns when he joined the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June: "The indirect impact on the Japanese economy could be quite ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... is now lower - 1.75% - than last it started raising interest rates. It should have learned from the European Central Bank (ECB) which, too, had been in a hurry to normalise (for the same reasons, strengthening economic growth and inflation heading close ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... guess. But the fact is it's already worrying the world's biggest central banks, which expressed their concerns at the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June. US Fed Chairman Jerome Powell: "Changes in trade policy ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
Just like the other major world central banks that met before it this month - the Fed, ECB and BOJ - the Bank of England (BOE) did not disappoint market expectations (unlike in its May meeting where Governor Carney hinted at a rate hike months before ...

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
... changed to reflect "Fed participants" expectations of two (instead of one) more rate hike this year. The European Central Bank (ECB)'s kept policy unchanged at its June meeting, also as expected. However, it announced it's halving its net asset ...