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Showing 261 - 270 of 1453 results for "Monetary Policy"

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 ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... activity. "Substantial fiscal policy measures-both enacted and anticipated-along with appreciable support from monetary policy and the Federal Reserve's liquidity and lending facilities were expected to continue bolstering the economic recovery ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
... individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic low of 0.25% and the target yield on three-year Australian government ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... playing out in the global economy, and COVID-19 has intensely exacerbated uncertainty," Miller said. "However, monetary policy is exhausted and is no longer an appropriate tool to deal with these challenges. Fiscal policy will need to do the heavy lifting ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... masks. Let's see "Karen" try that in China. But I digress. China's cruel policy (along with fiscal and monetary policy stimulus measures) has already produced kind results. It has saved the economy from a technical recession - GDP growth rebounded ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
... months' deflation readings of minus 0.2% each. This allowed the Bank of Japan (BOJ) to take a breather, keeping its monetary policy settings and asset purchases unchanged at its July 15 meeting while at the same time providing an optimistic outlook ...

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... government spending may be appropriate in some circumstances. Lowe said those circumstances include when conventional monetary policy has been exhausted, the central bank is falling short of its goals and, crucially, when public debt is high and the ...