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Showing 121 - 130 of 460 results for "Board meeting"

Down, down prices are down

BENJAMIN ONG  |  THURSDAY, 28 APR 2016
... report increased the probability that the RBA would cut the official cash rate (currently at 2.0%) at its 3 May Board meeting from 14% to 50%. Sharp price drops in automotive fuel (down 10.0%) and fruit (down 11.1%) accounted for much of the 0.2% decline ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 20 APR 2016
... currently fetching US$0.7805 - a 13.7% appreciation from this year's US$0.6864. The minutes of the RBA's 5 April Board meeting - the local unit was trading at US$0.7543 on that day -- touched on the causes for the currency's appreciation... "The rise ...

Look up in the sky, it's the yen

BENJAMIN ONG  |  MONDAY, 11 APR 2016
... "Quantitative and Qualitative (QQE) Monetary Easing with a Negative Interest Rate" - announced following its 28-29 January Board meeting, the Japanese currency remained strong. The ¥/US$ exchange rate closed at ¥108.42 at the end of last week's trading ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
... consensus expectations that the New Zealand central bank will keep interest rates unchanged after this morning's board meeting. In its monetary policy statement, the RBNZ explained its decision as prompted by the deterioration in the global outlook since ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
... too familiar (former Federal Treasurer) Peter Costello's smirk on his face as he presided over the bank's first Board meeting this year. I might be being overly too presumptuous, of course. But despite headline upon headlines that the "sky is falling" ...

BOJ goes negative to get postive

BENJAMIN ONG  |  MONDAY, 1 FEB 2016
... Interest Rate". The BOJ left its QQE programme at the current level of ¥80 trillion per annum following its 29 January Board meeting. This was widely expected with a few expecting an increase in purchases. No one, it seems, expected (even imagined) ...

Japanese consumers a tad more confident

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2016
... response to the BOJ's surprise but equally small adjustment in policy easing in December. Following its 18 December Board meeting, the BOJ announced that it would be expanding the range of assets it will buy. The Japanese central bank said that it would ...

Sunrise, sunset

BENJAMIN ONG  |  THURSDAY, 22 OCT 2015
... recession -- that it has raised expectations that the BOJ provide more accommodation, perhaps, as soon as its next Board meeting on 30 October.

Australia: which way now?

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2015
... Rio... but it could never, never be us. For, according to the minutes of the Reserve Bank of Australia's (RBA) August Board meeting, "Domestically, economic activity had generally been more positive over recent months." Likewise, "Members noted that ...

Indian economy accelerating/slowing

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2015
... The Reserve Bank of India (RBI) announced no change in policy settings following the conclusion of its 4 August Board meeting and this, despite government pressure for it to lower interest rates - which at 7.25% are among the highest in Asia - some more. ...