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Showing 1171 - 1180 of 3597 results for "Central"

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... enough to withstand an itsy-bitsy-teenie-weenie increase in borrowing costs which at the same time allows the Australian central bank to normalise monetary policy and rebuild its firepower to fight the next downturn. If memory serves me right, the when ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... 25 basis points to 0.75% at the conclusion of its August Monetary Policy Council (MPC) meeting. To be sure, the British central bank had been itching to do so back in May. Despite the slowdown in the UK economy in the first quarter of this year, the ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... 31 July-1 August meeting was a non-event - keeping the fed funds rate unchanged at 1.75%-20% - but it did give the US central bank a platform to gloat about the US economy. "Information received since the Federal Open Market Committee met in June indicates ...

Chief economist update: The BOJ kills off specs (for now)

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2018
... (BOJ) once more hosed down recent speculations of a tweak in monetary policy towards an (early) exit. Sure, the Japanese central bank tweaked policy, but in the opposite direction. At the conclusion of its 30-31 July monetary policy meeting - where it ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
... day. The 30-31 July meeting is particularly significant given last week's flare-up of speculations that the Japanese central bank may tweak/change/alter/review its monetary policy operations and/or forward guidance. Speculations that have sent the ...

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: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... strengthening, the least harm would be for continued steady interest rates. This is affirmed by Lowe's words at the central bankers' conference in Sintra, Portugal: "I remain confident we're going to get back to 2.5% [inflation], it's ...

Nicholas Moore to retire from Macquarie Group

HARRISON WORLEY  |  THURSDAY, 26 JUL 2018
... I'm delighted to have a candidate of Shemara's calibre to take the group forward," Warne said. "Nicholas has been central to Macquarie's growth and evolution over many years, transforming the group into the global, diversified business it ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
... tariffs on its economy. And it's not only Beijing; other emerging markets have also been hit prompting their respective central banks and governments to enact mitigating strategies. This time of synchronised global growth (or no longer?) should be ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... close - before closing at 0.08% following the BOJ's offer to buy an unlimited amount of bonds (an indication that the central bank does not want this market reaction). The Japanese yen rose to ¥111.25 (from ¥111.41 last Friday) but not before reaching ...