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Showing 191 - 200 of 1452 results for "Monetary policy"

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
Financial markets widely expected the Bank of England's (BOE) decision to keep current monetary policy settings unchanged at its June monetary policy committee meeting. "The MPC voted unanimously to maintain Bank Rate at 0.1%... and to maintain ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... the up and up. This is because while the much-anticipated June FOMC meeting produced no change in the prevailing monetary policy setting - the fed funds rate at 0-0.25% and bond purchases at a rate of US$120 billion monthly - the dot plots contained ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... Lagarde's answers to an interview with 'Politico' asking how long the single-currency region's fiscal and monetary policy support would remain in place. This comes four days after the European Central Bank convened on the 10th of June ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... inflation". This is the complete opposite of the BOJ's assessment revealed in the "Summary of Opinions at the Monetary Policy Meeting on April 26 and 27, 2021", where it revealed that, "The year-on-year rate of change in the consumer price index ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings unchanged; "including: the targets of 10 basis points for the cash rate and the yield on the 3-year Australian government ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... delay the economic rebound," the OECD said. The OECD prescribes central banks in advanced economies should keep monetary policy settings accommodative and allow "temporary overshooting of headline inflation... provided underlying price pressures are ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... 61.8 in May - a 91-month high (October 2013). These justify the Bank of England's (BOE) decision at its May 5 monetary policy committee meeting to slow bond purchases to £3.4 billion a week between May and August, from £4.4 billion based on ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... sustainable level. Meeting these requirements will necessitate considerable time and patience." The RBNZ's monetary policy statement suggests that that time is near, and patience would run out by the third quarter of next year. This is because New ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... economic revival has come and will be made stronger by additional spending announced in the budget and continued monetary policy accommodation by the Reserve Bank of Australia (RBA). Too much of a good thing (stronger growth) isn't a good thing (rising ...

Chief economist: The path to normality

BENJAMIN ONG  |  TUESDAY, 18 MAY 2021
... "Residents' consumption is still constrained and investment growth is insufficient," adding that "prudent" monetary policy would be flexible, targeted and appropriate. China's central command agrees. In their meeting conducted a day after (May ...