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Showing 1101 - 1110 of 3597 results for "Central"

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
... time, Bloomberg's poll of forecasters (ahead of October 2018) showed nine out of 49 respondents predicted the Indian central bank wouldn't follow up with the 25 bps hike in the repo rate it announced at the August 1 meeting. The other 40 "guessers" ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... interest rates. Perhaps impatience may have gotten the better of me for it's only been two weeks since the Australian central bank changed its policy stance from tightening to a neutral stance which, at the time, I surmised could be enough to change ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... appreciating NZ currency would, by extension, compound the "risk of a sharper downturn in trading-partner growth" the New Zealand central bank worries about, putting downward pressure on the domestic economy and ultimately, force it to capitulate to ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
... mainly reflects softer activity abroad and the greater effects from Brexit uncertainties at home." It prompted the British central bank to lower its GDP growth forecast to 1.2% this year (from the previous estimate if 1.7%). In addition, the BOE said ...

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... Australia are working with the BoE, who has confirmed it will conduct an equivalence assessment for Australia's regime for central counterparties. ASIC is also reviewing the potential impacts on 298 UK firms operating in Australia. This includes 285 ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... January from 5.1% in the previous month; core inflation's softened to 4.4 from 4.7% -- and closing in on the Philippine central bank's inflation target of 3% +/- 1%. This allowed the Bangko Sentral ng Pilipinas to keep interest rates steady at ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... Continuing Professional Development (CPD) requirements before they can renew their registration. He also called for a single, central disciplinary body to ensure advisers are penalised for misconduct if their own licensee fails to do so. Taking on the ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... stock market rally is simply an extension of monetary policy, he said. Because interest rates have been suppressed by central banks for some time, earnings were calculated at low discount rates thus pushing present values and ultimately stocks higher ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... RBA Governor Philip Lowe said yesterday in his monetary policy statement, explaining the rationale behind the Australian central bank's record 30th month to keep the official cash rate unchanged at a record low 1.5% after the conclusion of its first ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... so now that the Fed has paused its policy normalisation policy that, in turn, will give reprieve to other major world central banks to freeze their own. Nearer term, there's the uncertainty over the upcoming Federal election and, of course, the repercussions ...