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Showing 1 - 10 of 10 results for "Reserve Banks"

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... the volume of their government securities and loans and by lowering Member Bank legal reserve requirements, the Reserve Banks can encourage an increase in the supply of money and bank deposits. They can encourage but, without taking drastic action, they ...

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
One thing stood out when the Reserve Banks of India (RBI), Australia (RBA) and New Zealand (RBNZ) conducted their monetary policy meetings in August, and that is... they all want a lower exchange rate (please sir). Both the RBA and the RBNZ kept interest ...

Activity and inflation going Yellen's way

BENJAMIN ONG  |  THURSDAY, 19 JAN 2017
... of my colleagues--the other members of the Fed Board in Washington and the presidents of the 12 regional Federal Reserve Banks-- were expecting to increase our federal funds rate target a few times a year until, by the end of 2019, it is close to our ...

Market Wrap AM

AAP  |  TUESDAY, 22 JUL 2014
... Malaysia Airlines flight MH17 and attacks on Gaza, have dampened investor sentiment. In local economic news on Tuesday, Reserve Banks of Australia governor Glenn Stevens addresses the Anika Foundation Luncheon in Sydney, while the RBA's assistant governor ...

No bubble fears in commercial property for SMSFs

MARK SMITH  |  FRIDAY, 27 SEP 2013
... in the broader commercial property sector, according to Charter Hall head of direct property Richard Stacker. The Reserve Banks of Australia (RBA) has this week moved to discourage speculation in the housing sector over fears that a combination of low ...

Market Wrap

AAP  |  WEDNESDAY, 20 JUN 2012
... indicator for April is due out sa is the Westpac-Melbourne Institute Leading Indexes of Economic Activity Meanwhile, the Reserve Banks of Australia's (RBA) head of payments policy department, Tony Richards, to scheduled to address the Australian Banking ...

Operation auction squad

ALEX DUNNIN  |  THURSDAY, 13 DEC 2007
... $20 billion is scheduled for Monday and the second for Thursday. Depositories will submit bids through their local Reserve Banks. Meanwhile Glenn Stevens, governor of the Reserve Bank of Australia said in a speech this week that "Communication has become ...

IMF blames the world

SUZY MAC  |  FRIDAY, 27 JUL 2007
... August rate hike, a defensive Federal Treasurer, Peter Costello, is adamant that inflation is "well within" the Reserve Banks' 2-3 per cent target. The IMF also warns that risks and market volatility have also increased due to deterioration in credit ...

Fed Banks upgrade to next gen payment systems

A dozen Federal Reserve Banks in the US are upgrading their electronic check and image processing systems in a bid to handle the growing volumes of electronic checks and images from financial institutions. Unisys Corporation has signed a consulting ...

Daily economic round-up

PETER BELL  |  TUESDAY, 3 APR 2007
... slightly ahead of its last inflation reading that annualised at 3.4 per cent. The TD-MI index is also above the Reserve Banks target range for inflation of 2-3 per cent.
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