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Showing 261 - 270 of 636 results for "Trump"

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... posing downside risks." If the US Federal Reserve cut the Fed funds rate again - by 25 bps to 1.75%-2% - as expected (or as Trump wants), other central banks may need to do more chopping. Given the low level of interest rates in most economies, and with ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... present', exerting little upward pressure on inflation. Putting all these uncertainties together (and Murphy's Law and Trump), it wouldn't be surprising to see the official cash rate at or near zero per cent next year. A bit extreme perhaps ...

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... China's just implemented one of its greatest son's prescriptions and, for sure and for certain, it's gonna irritate Trump. Financial markets were shell-shocked after the People's Bank of China (PBOC) allowed the yuan to fall below the ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... is sceptical that the latest round of monetary easing will boost business confidence enough to rekindle investment. The Trump administration's trade policy, not the cost of capital, is holding businesses back..." The CME FedWatch Tool puts the probability ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
The Bloomberg US Dollar Spot index was trading at 96.7680 on the day Trump tweeted the below: "China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... America) and lingering uncertainties - wars (trade, currencies, tech, nuclear), the still unresolved issue of Brexit and Trump, among others. The domestic economy is none too good either - so much so the Reserve Bank of Australia (RBA) has had to deliver ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
... they have for many years!" - 7:21 am - 3 Jul 2019 This is the latest tweet from @realDonaldTrump aka US President Donald J. Trump. POTUS is really upping up the ante in his war with the rest of the world in his quest to make "America Great Again" and ...

Chief economist update: BOJ Tankan tanking?

BENJAMIN ONG  |  TUESDAY, 2 JUL 2019
... would have noticed. The world's attention was all about the US-China trade deal or no deal tete-a-tete. The news of Trump and Xi's face-to-face has so far been good - with both leaders agreeing to re-start trade negotiations. The meeting has ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... biggest oil importer (China, which buys more than 65% of total imports) to thank for this, and perhaps US President Donald Trump and his war on trade with Beijing. There's no denying Washington's increased tariffs on imports from China has had ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
... But at the end of the day, those hopin' and wishin' and prayin' that the tariffs would just go away and watch Trump and Xi kiss and make up are sure to be disappointed. The uncertainty over an escalation/de-escalation of the war on trade ...