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Showing 151 - 160 of 239 results for "RBA Gov"

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
In case you missed it, finance and central bank head honchos of the Group of 20 (G-20) met over the weekend in Shanghai. But you may as well have (missed it, that is) for it was more of the same - promised-filled and action-short. In its communique ...

ZIRP to bring back "animal spirits"?

BENJAMIN ONG  |  FRIDAY, 26 FEB 2016
Actual total private new capital expenditures may have surprised on the upside, rising by 0.8% in the three months ended December 2015 when they were expected to drop by 3.0% but... they're still not a pretty set of numbers. Uglier still, according ...

RBA Gov on Fed lift-off

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2015
So here we are folks, just one more sleep and we're there! The much-speculated, much-debated, much-awaited lift-off is upon us. We're 100% sure it's happening but with only a day to go, most are still uncertain of its ramifications - immediate and longer ...

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
"Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term." These were the words in the US Federal Reserve's monetary policy statement of ...

Data doesn't justify "recession" headlines

BENJAMIN ONG  |  FRIDAY, 2 OCT 2015
... a recession back then? The transmission of monetary policy finally transmitting? Businesses finally drinking the water RBA gov Glenn led them? This positive report is consistent with the AiG Performance of Manufacturing Index which increased to 52.1 ...

Not happy Jan

BENJAMIN ONG  |  MONDAY, 21 SEP 2015
... the Reserve Bank of Australia (RBA) but more pointedly for the Bank of Japan (BOJ) and the European Central Bank (ECB). RBA Gov Glenn presented his rationale before the Australian Parliament's economics committee on why the Fed should lift: "The argument ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
... National Reform Summit in Sydney. We're "sleepwalking into a real mess" is how ex-Treasury head Martin Parkinson put it. RBA Gov Glen wants the government to "go for growth". "Reasonable people get this. They also know, intuitively, that the kind of ...

Make it December (for now)

BENJAMIN ONG  |  MONDAY, 3 AUG 2015
... more like the flukes - the outliers -- as annual growth in the ECI had been averaging only about 2.0% since 2010. Just as RBA Gov Glenn wondered whether Australia's trend growth is now lower than 3% -- 3.5%, maybe America's NAIRU (non-accelerating inflation ...

Reading too much out of nothing at all

BENJAMIN ONG  |  THURSDAY, 30 JUL 2015
... you, I and Irene informed and prepared well in advance when she's about to push the lift-off button. This reminds me of RBA Gov Glenn's comments after his speech at the Official Monetary and Financial Institutions Forum in London at the end of June. ...

A question of trend

BENJAMIN ONG  |  THURSDAY, 23 JUL 2015
Funny that. Funny that on the same day that RBA Governor Glenn Stevens addressed the Anika Foundation Luncheon in Sydney and told his audience that, "One of the features of much regular discussion of macroeconomic policy, and monetary policy in particular ...