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Showing 251 - 260 of 1449 results for "Monetary policy"

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... the UK; and 0.85% in Australia. On top of these all, PBOC governor Yi Gang is taking a prudent approach towards monetary policy by not following Western economies by undertaking a large-scale monetary loosening, but will instead look to consumer price ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... allowed the Reserve Bank of Australia (RBA) to conserve its almost depleted ammunition. The RBA kept domestic monetary policy unchanged at the conclusion of its October 6 meeting. It may have disappointed financial markets' expectations for a lowering ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... incentives including a wage incentive scheme to encourage hiring. As Debelle acknowledged in his recent address, while "monetary policy actions are also having a material influence", "fiscal policy is having the largest impact in shaping the outcomes ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... interest rate wave speculation in Australia comes soon after the Bank of England (BOE) divulge in its September 17 Monetary Policy Committee (MPC) report that: "The MPC had been briefed on the Bank of England's plans to explore how a negative bank ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... of emergency" on May 25 - a month and a bit after it was put in place on April 16. This, along with fiscal and monetary policy support, has allowed the economy to slowly recover. Latest indicators show that Japan's past its worst - i.e. the worst ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
... history. Prime Minister Abe is credited with "Abenomics" - coined for his "three arrows" strategy: accommodative monetary policy aimed at achieving the Bank of Japan's (BOJ) 2% inflation target; increased fiscal spending aimed at raising the country's ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... pandemic. Perhaps, this is because it was overshadowed by the almost simultaneous reports of the Fed's change in monetary policy strategy and Japanese Prime Minister Shinzo Abe's resignation (due to ill health). One thing's certain, the general ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
... Hole symposium - online as it may be this year due to the pandemic - produced another significant shift in US monetary policy. On August 27 at the Hole, US Federal Reserve chair virtually buried the Philips Curve - the inverse correlation between inflation ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... its policy from its 2% inflation target, which means it won't take action to prop up prices". The BOJ kept monetary policy settings unchanged - target rate at -0.1% and 10-year JGB yield target at zero - at its 14-15 July meeting. While sitting BOJ ...