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Showing 221 - 230 of 1453 results for "Monetary Policy"

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... and the bank is prepared to do more if that is necessary." All this while at the same time pledging to maintain monetary policy support, i.e., "not increase the cash rate until actual inflation is sustainably within the 2-3% target range". This would ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... everywhere have been surging - the world economy appears to have too much of a good thing. That is, fiscal and monetary policy largesse have flooded the world economic system with mo' money that'll eventually end up in higher prices for goods and services ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... prayin' for Biden's US$1.2 trillion fiscal stimulus package passes and that the Fed continue to maintain loose monetary policy... sans inflation. But to quote the title of the 2003 American romantic comedy film, "something's gotta give"... ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
It's only been only two weeks since the Reserve Bank of Australia (RBA) provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... inflation but would be unlikely to have a lasting effect". As such, the FOMC remains committed to maintaining monetary policy accommodation until it achieves its goals of "maximum employment and inflation at the rate of 2% over the long run. With inflation ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... rallying. Wall Street continues to register fresh highs, pulling up 'the others' along with it, powered by fiscal and monetary policy largesse... and FOMO (fear of missing out) and TINA (there is no alternative). However, the rise and rise in copper ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... buoyant? The usual suspects are there: vaccine optimism; relaxation of restrictions in some countries; fiscal and monetary policy accommodation, etc. Nah, it's the BOJ stupid and its aggressive ETF purchases which, according to Reuters, "account ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
The Bank of England (BOE) gave financial markets what they wanted and kept monetary policy settings unchanged - the bank rate at a record low 0.1% and QE at £895 billion - at its first Monetary Policy Committee meeting on February 4. It was hoping ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... actions and pledges to underwrite continued strengthening in consumer and business activity through fiscal and monetary policy accommodation should keep the American economy improving through increased consumer spending, rising business revenues and ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... challenge, and unity is the path forward," Biden said. But there was also something happening with regards to monetary policy. The US Federal Reserve was itself busily trying to "lower the temperature" in the bond markets that saw the yield on 10-year ...